R&D Spending Showdown: Intra-Cellular Therapies, Inc. vs Viking Therapeutics, Inc.

Biotech R&D: Intra-Cellular vs. Viking's Decade of Innovation

__timestampIntra-Cellular Therapies, Inc.Viking Therapeutics, Inc.
Wednesday, January 1, 20142122634522223073
Thursday, January 1, 2015877180746966842
Friday, January 1, 2016938315309000499
Sunday, January 1, 20177941900913741186
Monday, January 1, 201813216691319040000
Tuesday, January 1, 20198912483823559000
Wednesday, January 1, 20206578213731931000
Friday, January 1, 20218884551344981000
Saturday, January 1, 202213471500054234000
Sunday, January 1, 202318014200063806000
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Cracking the code

R&D Spending: A Tale of Two Biotechs

In the competitive world of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Intra-Cellular Therapies, Inc. and Viking Therapeutics, Inc. have been at the forefront of this race. From 2014 to 2023, Intra-Cellular Therapies has consistently outpaced Viking Therapeutics in R&D investment, with a staggering 180% increase in spending, peaking at $180 million in 2023. In contrast, Viking Therapeutics, while showing a steady growth, reached $64 million in the same year, marking a 187% rise since 2014. This disparity highlights Intra-Cellular's aggressive push towards groundbreaking therapies, while Viking's more measured approach reflects its strategic focus on targeted innovations. As these companies continue to evolve, their R&D trajectories offer a fascinating glimpse into the future of biotech advancements.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025