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

Biotech R&D: Gilead vs. Viridian's Investment Strategies

__timestampGilead Sciences, Inc.Viridian Therapeutics, Inc.
Wednesday, January 1, 20142854000000293000
Thursday, January 1, 201530140000001002000
Friday, January 1, 20165098000000888000
Sunday, January 1, 2017373400000019623000
Monday, January 1, 2018501800000030421000
Tuesday, January 1, 2019910600000034794000
Wednesday, January 1, 2020503900000028304000
Friday, January 1, 2021536300000056886000
Saturday, January 1, 20224977000000100894000
Sunday, January 1, 20236923000000159765000
Monday, January 1, 20245907000000
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Unlocking the unknown

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 innovation and future growth. Over the past decade, Gilead Sciences, Inc. and Viridian Therapeutics, Inc. have shown contrasting trajectories in their R&D investments. Gilead, a stalwart in the industry, has consistently invested heavily, with a peak in 2019 where their R&D expenses surged by over 200% compared to 2014. In contrast, Viridian, a smaller player, has shown a remarkable growth trajectory, increasing its R&D spending by an astounding 54,000% from 2014 to 2023. This stark difference highlights the diverse strategies within the biotech sector, where established giants and emerging innovators both play crucial roles in advancing medical science. As we look to the future, these investments will likely shape the next wave of breakthroughs in healthcare.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025