R&D Spending Showdown: Madrigal Pharmaceuticals, Inc. vs Galapagos NV

Biotech R&D: Galapagos vs. Madrigal - A Decade of Innovation

__timestampGalapagos NVMadrigal Pharmaceuticals, Inc.
Wednesday, January 1, 201411111000068205000
Thursday, January 1, 201512971400054218000
Friday, January 1, 201613957400015934000
Sunday, January 1, 201721850200024390000
Monday, January 1, 201832287600025389000
Tuesday, January 1, 201942732000072324000
Wednesday, January 1, 2020523667000184809000
Friday, January 1, 2021491707000205164000
Saturday, January 1, 2022515083000245441000
Sunday, January 1, 2023241294000271823000
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Infusing magic into the data realm

R&D Spending Trends: A Tale of Two Biotechs

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, Galapagos NV and Madrigal Pharmaceuticals, Inc. have shown contrasting trajectories in their R&D investments. From 2014 to 2023, Galapagos NV consistently outspent Madrigal Pharmaceuticals, with its R&D expenses peaking in 2020 at over 500 million dollars. However, Madrigal Pharmaceuticals has been closing the gap, with a remarkable 300% increase in R&D spending from 2014 to 2023, culminating in a peak of nearly 272 million dollars in 2023. This shift highlights Madrigal's growing focus on innovation, while Galapagos NV's fluctuating investments suggest a strategic recalibration. As these companies continue to navigate the biotech landscape, their R&D spending will be a critical factor in their future success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025