R&D Spending Showdown: Merck & Co., Inc. vs GSK plc

Merck's R&D outpaces GSK by 5x in 2023.

__timestampGSK plcMerck & Co., Inc.
Wednesday, January 1, 201434500000007180000000
Thursday, January 1, 201535600000006704000000
Friday, January 1, 201636280000007194000000
Sunday, January 1, 201744760000009982000000
Monday, January 1, 201838930000009752000000
Tuesday, January 1, 201945680000009872000000
Wednesday, January 1, 2020509800000013397000000
Friday, January 1, 2021527800000012245000000
Saturday, January 1, 2022548800000013548000000
Sunday, January 1, 2023622300000030531000000
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Unlocking the unknown

A Decade of Innovation: Merck & Co., Inc. vs GSK plc

In the ever-evolving pharmaceutical landscape, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Merck & Co., Inc. and GSK plc have been at the forefront of this race. From 2014 to 2023, Merck's R&D expenses surged by over 325%, peaking in 2023 with a staggering $30.5 billion. In contrast, GSK's R&D spending grew by approximately 80%, reaching $6.2 billion in the same year. This significant difference highlights Merck's aggressive investment strategy, which is nearly five times that of GSK in 2023. As these pharmaceutical giants continue to push the boundaries of medical science, their R&D investments will likely shape the future of healthcare, driving breakthroughs that could transform patient outcomes worldwide.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025