R&D Spending Showdown: TG Therapeutics, Inc. vs CymaBay Therapeutics, Inc.

Biotech R&D: TG Therapeutics vs CymaBay's Decade of Innovation

__timestampCymaBay Therapeutics, Inc.TG Therapeutics, Inc.
Wednesday, January 1, 20141582300031354781
Thursday, January 1, 20151702600043445817
Friday, January 1, 20161594100066489820
Sunday, January 1, 20171893800096886134
Monday, January 1, 201858124000153793000
Tuesday, January 1, 201983837000148369000
Wednesday, January 1, 202035882000151934000
Friday, January 1, 202164542000198532000
Saturday, January 1, 202267995000112128000
Sunday, January 1, 20238011800076192000
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Infusing magic into the data realm

R&D Spending Trends in Biotech: A Decade of Innovation

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, TG Therapeutics, Inc. and CymaBay Therapeutics, Inc. have demonstrated contrasting strategies in their R&D investments. From 2014 to 2023, TG Therapeutics consistently outpaced CymaBay, with an average annual R&D expenditure nearly 135% higher. Notably, TG Therapeutics peaked in 2021, investing 198% more than its 2014 spending, reflecting a strategic push towards groundbreaking therapies. Meanwhile, CymaBay's R&D spending saw a significant surge in 2019, increasing by over 400% from its 2014 levels, indicating a pivotal shift in their research focus. These trends highlight the dynamic nature of biotech investments, where strategic R&D spending can be a game-changer in the race for medical breakthroughs.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025