R&D Spending Showdown: Vertex Pharmaceuticals Incorporated vs Soleno Therapeutics, Inc.

Vertex vs Soleno: A Decade of R&D Investment

__timestampSoleno Therapeutics, Inc.Vertex Pharmaceuticals Incorporated
Wednesday, January 1, 20142242216855506000
Thursday, January 1, 20154536244996170000
Friday, January 1, 201651848031047690000
Sunday, January 1, 201730687421324625000
Monday, January 1, 201871780001416476000
Tuesday, January 1, 2019162670001754540000
Wednesday, January 1, 2020231910001829537000
Friday, January 1, 2021214530003051100000
Saturday, January 1, 2022152650002540300000
Sunday, January 1, 2023251890003162900000
Monday, January 1, 20243630300000
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R&D Investment: A Tale of Two Biotech Giants

In the competitive world of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Vertex Pharmaceuticals Incorporated and Soleno Therapeutics, Inc. have demonstrated contrasting approaches to R&D investment.

From 2014 to 2023, Vertex Pharmaceuticals has consistently outpaced Soleno Therapeutics in R&D spending, with an average annual investment nearly 150 times greater. In 2023, Vertex's R&D expenses peaked at approximately $3.16 billion, marking a 270% increase from 2014. Meanwhile, Soleno's R&D spending, though more modest, showed a significant upward trend, culminating in a 2023 investment of around $25 million, over 11 times its 2014 expenditure.

This disparity highlights the scale and ambition of Vertex's research initiatives, while Soleno's steady growth reflects its strategic focus on targeted innovation. As these companies continue to evolve, their R&D strategies will undoubtedly shape their future trajectories.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025