R&D Spending Showdown: Bristol-Myers Squibb Company vs Intra-Cellular Therapies, Inc.

Bristol-Myers vs. Intra-Cellular: R&D Investment Trends

__timestampBristol-Myers Squibb CompanyIntra-Cellular Therapies, Inc.
Wednesday, January 1, 2014453400000021226345
Thursday, January 1, 2015592000000087718074
Friday, January 1, 2016494000000093831530
Sunday, January 1, 2017641100000079419009
Monday, January 1, 20186345000000132166913
Tuesday, January 1, 2019614800000089124838
Wednesday, January 1, 20201114300000065782137
Friday, January 1, 20211019500000088845513
Saturday, January 1, 20229509000000134715000
Sunday, January 1, 20239299000000180142000
Monday, January 1, 202411159000000
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In pursuit of knowledge

R&D Spending: A Tale of Two Companies

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, Bristol-Myers Squibb Company and Intra-Cellular Therapies, Inc. have showcased contrasting R&D investment strategies. From 2014 to 2023, Bristol-Myers Squibb consistently invested heavily in R&D, with expenditures peaking in 2020 at over 11 billion dollars. This represents a staggering 145% increase from their 2014 spending. In contrast, Intra-Cellular Therapies, Inc., while significantly smaller, has shown a steady increase in R&D spending, culminating in a 2023 investment that is nearly 750% higher than their 2014 figures. This growth trajectory highlights their commitment to innovation despite their smaller scale. As these companies continue to navigate the evolving pharmaceutical landscape, their R&D investments will likely play a pivotal role in shaping their future successes.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025