R&D Spending Showdown: CRISPR Therapeutics AG vs MorphoSys AG

Biotech Giants' R&D Spending: A Decade of Growth and Innovation

__timestampCRISPR Therapeutics AGMorphoSys AG
Wednesday, January 1, 2014151300055962693
Thursday, January 1, 20151257300078655788
Friday, January 1, 20164223800095723069
Sunday, January 1, 201769800000116808575
Monday, January 1, 2018113773000106397017
Tuesday, January 1, 2019179362000108431600
Wednesday, January 1, 2020266946000141426832
Friday, January 1, 2021438633000225200000
Saturday, January 1, 2022461645000297812160
Sunday, January 1, 2023387332000283614139
Monday, January 1, 2024320653000
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Cracking the code

R&D Spending Trends: A Decade of Innovation

In the competitive landscape of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, CRISPR Therapeutics AG and MorphoSys AG have been at the forefront of this race.

CRISPR Therapeutics AG: A Steady Climb

Since 2014, CRISPR Therapeutics AG has shown a remarkable increase in R&D expenses, growing from a modest $1.5 million to a peak of $462 million in 2022. This represents an impressive growth rate of over 30,000%, underscoring their aggressive pursuit of cutting-edge genetic therapies.

MorphoSys AG: Consistent Investment

MorphoSys AG, while starting at a higher base of $56 million in 2014, has also demonstrated a steady increase, reaching $298 million by 2022. This consistent investment highlights their sustained focus on developing innovative treatments.

Both companies exemplify the dynamic nature of the biotech industry, where strategic R&D investments are pivotal for future breakthroughs.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025