Research and Development: Comparing Key Metrics for Amicus Therapeutics, Inc. and Ligand Pharmaceuticals Incorporated

Biotech R&D: Amicus vs. Ligand - A Decade of Investment

__timestampAmicus Therapeutics, Inc.Ligand Pharmaceuticals Incorporated
Wednesday, January 1, 20144762400012122000
Thursday, January 1, 20157694300013380000
Friday, January 1, 201610479300021221000
Sunday, January 1, 201714931000026887000
Monday, January 1, 201827090200027863000
Tuesday, January 1, 201928637800055908000
Wednesday, January 1, 202030844300059392000
Friday, January 1, 202127204900069012000
Saturday, January 1, 202227667700036082000
Sunday, January 1, 202315238100024537000
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Infusing magic into the data realm

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

In the ever-evolving world of biotechnology, research and development (R&D) is the lifeblood of innovation. Over the past decade, Amicus Therapeutics, Inc. and Ligand Pharmaceuticals Incorporated have demonstrated contrasting R&D investment strategies. Amicus Therapeutics has consistently outpaced Ligand Pharmaceuticals, with R&D expenses peaking in 2020 at nearly 308 million USD, a staggering 550% increase from 2014. In contrast, Ligand Pharmaceuticals' R&D spending reached its zenith in 2021, with a more modest 69 million USD, marking a 470% rise from 2014. This divergence highlights Amicus's aggressive pursuit of groundbreaking therapies, while Ligand maintains a more conservative approach. As the biotech landscape continues to shift, these investment patterns offer a glimpse into the strategic priorities of these industry leaders, shaping the future of medical innovation.

Key Insights

  • Amicus's R&D spending surged by 550% from 2014 to 2020.
  • Ligand's R&D expenses increased by 470% over the same period.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025