R&D Insights: How TG Therapeutics, Inc. and Amicus Therapeutics, Inc. Allocate Funds

Biotech R&D: A Decade of Strategic Investment

__timestampAmicus Therapeutics, Inc.TG Therapeutics, Inc.
Wednesday, January 1, 20144762400031354781
Thursday, January 1, 20157694300043445817
Friday, January 1, 201610479300066489820
Sunday, January 1, 201714931000096886134
Monday, January 1, 2018270902000153793000
Tuesday, January 1, 2019286378000148369000
Wednesday, January 1, 2020308443000151934000
Friday, January 1, 2021272049000198532000
Saturday, January 1, 2022276677000112128000
Sunday, January 1, 202315238100076192000
Loading chart...

Unleashing the power of data

R&D Spending Trends in Biotech: A Decade of Innovation

How TG Therapeutics and Amicus Therapeutics Invest in the Future

In the ever-evolving world of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, TG Therapeutics, Inc. and Amicus Therapeutics, Inc. have demonstrated distinct strategies in their R&D investments.

From 2014 to 2023, Amicus Therapeutics consistently increased its R&D budget, peaking in 2020 with a 547% increase from its 2014 spending. This upward trend underscores Amicus's dedication to advancing its therapeutic pipeline. Meanwhile, TG Therapeutics showed a more varied pattern, with a notable 532% rise in R&D expenses from 2014 to 2021, reflecting its strategic focus on developing breakthrough treatments.

These spending patterns highlight the dynamic nature of biotech investments, where strategic R&D allocation can be the key to unlocking future growth and innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025