R&D Spending Showdown: United Therapeutics Corporation vs Alkermes plc

United Therapeutics vs Alkermes: A Decade of R&D Investment

__timestampAlkermes plcUnited Therapeutics Corporation
Wednesday, January 1, 20147753000242549000
Thursday, January 1, 20154019000245098000
Friday, January 1, 20162301000147600000
Sunday, January 1, 20177232000264600000
Monday, January 1, 201868895000357900000
Tuesday, January 1, 2019528160001182600000
Wednesday, January 1, 20201946000357700000
Friday, January 1, 20211020000540100000
Saturday, January 1, 2022393842000322900000
Sunday, January 1, 2023270806000408000000
Monday, January 1, 2024245326000
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Unveiling the hidden dimensions of data

R&D Spending: A Tale of Two Innovators

In the competitive world of pharmaceuticals, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, United Therapeutics Corporation and Alkermes plc have showcased contrasting strategies in their R&D investments. From 2014 to 2023, United Therapeutics consistently outpaced Alkermes, with R&D expenses peaking in 2019 at nearly 1.2 billion, a staggering 400% more than Alkermes' highest expenditure in 2022. This trend highlights United Therapeutics' aggressive pursuit of breakthroughs, while Alkermes' spending, though more modest, saw a significant surge in recent years, culminating in a 2022 peak. The data reveals a strategic shift for Alkermes, possibly indicating a renewed focus on innovation. As these companies continue to navigate the evolving pharmaceutical landscape, their R&D investments will be crucial in determining their future success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025