R&D Spending Showdown: argenx SE vs MorphoSys AG

argenx SE outpaces MorphoSys AG in R&D spending by 2023.

__timestampMorphoSys AGargenx SE
Wednesday, January 1, 20145596269315411924
Thursday, January 1, 20157865578822593274
Friday, January 1, 20169572306933173050
Sunday, January 1, 201711680857562224159
Monday, January 1, 201810639701795607434
Tuesday, January 1, 2019108431600221269028
Wednesday, January 1, 2020141426832400745069
Friday, January 1, 2021225200000580520000
Saturday, January 1, 2022297812160663366000
Sunday, January 1, 2023283614139755113687
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Data in motion

R&D Spending: A Tale of Two Biotech Giants

In the competitive world of biotechnology, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, argenx SE and MorphoSys AG have been at the forefront of this race. Since 2014, argenx SE has increased its R&D expenses by an astounding 4,800%, reaching a peak in 2023. In contrast, MorphoSys AG has seen a more modest growth of approximately 400% over the same period. This stark difference highlights argenx SE's aggressive investment strategy, which has consistently outpaced its German counterpart. By 2023, argenx SE's R&D spending was more than double that of MorphoSys AG, underscoring its ambition to lead in the biotech sector. As these companies continue to innovate, their R&D investments will be crucial in shaping the future of medical breakthroughs.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025