R&D Spending Showdown: Exelixis, Inc. vs Jazz Pharmaceuticals plc

Exelixis leads R&D spending growth over Jazz Pharmaceuticals.

__timestampExelixis, Inc.Jazz Pharmaceuticals plc
Wednesday, January 1, 201418910100085181000
Thursday, January 1, 201596351000135253000
Friday, January 1, 201695967000162297000
Sunday, January 1, 2017112171000198442000
Monday, January 1, 2018182257000226616000
Tuesday, January 1, 2019336964000299726000
Wednesday, January 1, 2020547851000335375000
Friday, January 1, 2021693716000505748000
Saturday, January 1, 2022891813000590453000
Sunday, January 1, 20231044071000849658000
Monday, January 1, 2024910408000
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Unveiling the hidden dimensions of data

R&D Spending Trends: Exelixis vs. Jazz Pharmaceuticals

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, Exelixis, Inc. and Jazz Pharmaceuticals plc have been at the forefront of this race. Since 2014, Exelixis has consistently increased its R&D investment, culminating in a staggering 450% growth by 2023. Jazz Pharmaceuticals, while also increasing its R&D budget, has seen a more modest growth of approximately 300% over the same period.

Exelixis's commitment to innovation is evident, with its R&D spending peaking at over $1 billion in 2023, surpassing Jazz's $850 million. This trend highlights Exelixis's aggressive strategy to lead in drug development. As these companies continue to invest heavily in R&D, the pharmaceutical landscape is set for exciting advancements.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025