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

Pharma R&D: Jazz vs Agios - A Decade of Investment

__timestampAgios Pharmaceuticals, Inc.Jazz Pharmaceuticals plc
Wednesday, January 1, 201410037100085181000
Thursday, January 1, 2015141827000135253000
Friday, January 1, 2016220163000162297000
Sunday, January 1, 2017292681000198442000
Monday, January 1, 2018341324000226616000
Tuesday, January 1, 2019410894000299726000
Wednesday, January 1, 2020367470000335375000
Friday, January 1, 2021256973000505748000
Saturday, January 1, 2022279910000590453000
Sunday, January 1, 2023288903000849658000
Monday, January 1, 2024301286000
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Unleashing insights

R&D Spending Trends: A Decade of Innovation

In the competitive landscape of pharmaceuticals, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Jazz Pharmaceuticals plc and Agios Pharmaceuticals, Inc. have demonstrated contrasting trajectories in their R&D investments.

From 2014 to 2023, Agios Pharmaceuticals consistently increased its R&D spending, peaking in 2019 with a 310% rise from its 2014 levels. However, a slight decline was observed post-2019, with a 30% reduction by 2023. In contrast, Jazz Pharmaceuticals showed a steady increase, culminating in a remarkable 900% growth by 2023 compared to 2014. This surge highlights Jazz's strategic focus on expanding its research capabilities.

These trends underscore the dynamic nature of the pharmaceutical industry, where strategic R&D investments can significantly influence a company's market position and innovation potential.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025