R&D Spending Showdown: ACADIA Pharmaceuticals Inc. vs Amicus Therapeutics, Inc.

Pharma Giants' R&D Spending: A Decade of Innovation

__timestampACADIA Pharmaceuticals Inc.Amicus Therapeutics, Inc.
Wednesday, January 1, 20146060200047624000
Thursday, January 1, 20157386900076943000
Friday, January 1, 201699284000104793000
Sunday, January 1, 2017149189000149310000
Monday, January 1, 2018187163000270902000
Tuesday, January 1, 2019240385000286378000
Wednesday, January 1, 2020319130000308443000
Friday, January 1, 2021239415000272049000
Saturday, January 1, 2022361575000276677000
Sunday, January 1, 2023351619000152381000
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R&D Spending Trends: A Decade of Innovation

In the competitive landscape of pharmaceuticals, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, ACADIA Pharmaceuticals Inc. and Amicus Therapeutics, Inc. have demonstrated significant investment in R&D, reflecting their dedication to advancing medical science.

A Decade of Growth

From 2014 to 2023, ACADIA Pharmaceuticals Inc. increased its R&D spending by nearly 480%, peaking in 2022 with a 361% rise from its 2014 levels. Meanwhile, Amicus Therapeutics, Inc. saw a 320% increase over the same period, with its highest expenditure in 2020.

The Innovation Race

While both companies have shown impressive growth, ACADIA's R&D spending surpassed Amicus in recent years, particularly in 2022, when it outspent Amicus by 31%. This trend highlights ACADIA's aggressive push towards innovation, setting the stage for future breakthroughs.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025