R&D Spending Showdown: Geron Corporation vs Evotec SE

Biotech R&D: Geron vs. Evotec - A Decade of Investment

__timestampEvotec SEGeron Corporation
Wednesday, January 1, 20141240400020707000
Thursday, January 1, 20151834300017831000
Friday, January 1, 20161810800018047000
Sunday, January 1, 20171761400011033000
Monday, January 1, 20183561900013432000
Tuesday, January 1, 20195843200052072000
Wednesday, January 1, 20206394500051488000
Friday, January 1, 20217220000085727000
Saturday, January 1, 20227664200095518000
Sunday, January 1, 202357519000125046000
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Igniting the spark of knowledge

R&D Investment Trends: A Comparative Analysis

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, Geron Corporation and Evotec SE have demonstrated contrasting trajectories in their R&D investments.

From 2014 to 2023, Geron Corporation's R&D expenses surged by approximately 500%, peaking in 2023 with a remarkable 125 million USD. This growth underscores Geron's strategic focus on advancing its therapeutic pipeline. In contrast, Evotec SE exhibited a more stable yet significant increase of around 360% over the same period, reaching its highest expenditure in 2022 with nearly 77 million USD.

The data reveals a pivotal shift in 2021 when Geron overtook Evotec in R&D spending, highlighting its aggressive push in the biotech arena. This trend suggests a potential shift in market dynamics, with Geron positioning itself as a formidable player in the industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025