R&D Spending Showdown: Gilead Sciences, Inc. vs TG Therapeutics, Inc.

Biotech R&D: Gilead vs. TG Therapeutics Spending Trends

__timestampGilead Sciences, Inc.TG Therapeutics, Inc.
Wednesday, January 1, 2014285400000031354781
Thursday, January 1, 2015301400000043445817
Friday, January 1, 2016509800000066489820
Sunday, January 1, 2017373400000096886134
Monday, January 1, 20185018000000153793000
Tuesday, January 1, 20199106000000148369000
Wednesday, January 1, 20205039000000151934000
Friday, January 1, 20215363000000198532000
Saturday, January 1, 20224977000000112128000
Sunday, January 1, 2023692300000076192000
Monday, January 1, 20245907000000
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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, Gilead Sciences, Inc. and TG Therapeutics, Inc. have demonstrated contrasting approaches to R&D investment. From 2014 to 2023, Gilead Sciences consistently outspent TG Therapeutics, with its R&D expenses peaking at approximately $6.9 billion in 2023, a staggering 90% increase from 2014. In contrast, TG Therapeutics' R&D spending, while growing, reached a high of around $198 million in 2021, reflecting a more modest 530% increase over the same period.

This disparity highlights Gilead's robust financial capacity and strategic focus on expanding its research capabilities. Meanwhile, TG Therapeutics, though smaller in scale, has shown a remarkable growth trajectory, emphasizing its dedication to innovation despite limited resources. As the biotech landscape evolves, these spending patterns offer insights into each company's future potential and strategic priorities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025