R&D Spending Showdown: Apellis Pharmaceuticals, Inc. vs HUTCHMED (China) Limited

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

__timestampApellis Pharmaceuticals, Inc.HUTCHMED (China) Limited
Wednesday, January 1, 2014837952233472000
Thursday, January 1, 20151373031147368000
Friday, January 1, 20162297859966871000
Sunday, January 1, 20174030387850675000
Monday, January 1, 201810528557678821000
Tuesday, January 1, 201922096877091944000
Wednesday, January 1, 2020299921000111234000
Friday, January 1, 2021420869000207447000
Saturday, January 1, 2022387236000267587000
Sunday, January 1, 2023354387000303055000
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Unleashing the power of data

R&D Spending Trends: Apellis Pharmaceuticals vs. HUTCHMED

In the competitive world of pharmaceuticals, research and development (R&D) spending is a key indicator of innovation and future growth. Over the past decade, Apellis Pharmaceuticals and HUTCHMED (China) Limited have been at the forefront of this race. From 2014 to 2023, Apellis Pharmaceuticals has consistently increased its R&D investment, peaking in 2021 with a staggering 420% increase from its 2014 levels. Meanwhile, HUTCHMED has shown a steady upward trend, with a notable 800% rise in R&D spending over the same period.

By 2023, Apellis's R&D expenses slightly decreased by 16% from its 2021 peak, while HUTCHMED continued its upward trajectory, closing the gap with a 13% increase from the previous year. This data highlights the dynamic nature of the pharmaceutical industry, where strategic investments in R&D can significantly impact a company's competitive edge and market position.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025