R&D Spending Showdown: Alkermes plc vs Viking Therapeutics, Inc.

Alkermes vs Viking: A Decade of R&D Investment Trends

__timestampAlkermes plcViking Therapeutics, Inc.
Wednesday, January 1, 2014775300022223073
Thursday, January 1, 201540190006966842
Friday, January 1, 201623010009000499
Sunday, January 1, 2017723200013741186
Monday, January 1, 20186889500019040000
Tuesday, January 1, 20195281600023559000
Wednesday, January 1, 2020194600031931000
Friday, January 1, 2021102000044981000
Saturday, January 1, 202239384200054234000
Sunday, January 1, 202327080600063806000
Monday, January 1, 2024245326000
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In pursuit of knowledge

R&D Spending Trends: Alkermes plc vs Viking Therapeutics, Inc.

In the competitive landscape of pharmaceutical innovation, research and development (R&D) spending is a critical indicator of a company's commitment to future growth. Over the past decade, Alkermes plc and Viking Therapeutics, Inc. have shown contrasting trends in their R&D investments. From 2014 to 2023, Alkermes plc's R&D expenses surged by over 3,400%, peaking in 2022 with a remarkable 394 million USD. In contrast, Viking Therapeutics, Inc. demonstrated a steady increase, with a 187% rise, reaching approximately 64 million USD in 2023. This divergence highlights Alkermes' aggressive push in recent years, while Viking maintains a consistent growth trajectory. Such insights into R&D spending can provide investors and industry analysts with valuable foresight into each company's strategic priorities and potential for innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025