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

Biotech R&D: A Decade of Strategic Investment

__timestampProtagonist Therapeutics, Inc.TG Therapeutics, Inc.
Wednesday, January 1, 2014745900031354781
Thursday, January 1, 20151183100043445817
Friday, January 1, 20162570500066489820
Sunday, January 1, 20174618100096886134
Monday, January 1, 201859497000153793000
Tuesday, January 1, 201965003000148369000
Wednesday, January 1, 202074506000151934000
Friday, January 1, 2021126006000198532000
Saturday, January 1, 2022126215000112128000
Sunday, January 1, 202312016100076192000
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Unleashing the power of data

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 Protagonist Therapeutics, Inc. have been at the forefront of this race. From 2014 to 2023, TG Therapeutics consistently outpaced Protagonist Therapeutics in R&D investment, peaking in 2021 with a staggering 198% increase from its 2014 levels. However, Protagonist Therapeutics showed remarkable growth, with its R&D spending increasing by over 1,500% during the same period. Notably, in 2022, Protagonist Therapeutics surpassed TG Therapeutics, marking a pivotal shift in their R&D strategies. This trend highlights the dynamic nature of the biotech industry, where strategic investments can redefine market positions. As these companies continue to innovate, their R&D spending will be a critical factor in shaping their future success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025