Research and Development: Comparing Key Metrics for Corcept Therapeutics Incorporated and Viridian Therapeutics, Inc.

Biotech R&D: Corcept vs. Viridian's Decade of Growth

__timestampCorcept Therapeutics IncorporatedViridian Therapeutics, Inc.
Wednesday, January 1, 201418372000293000
Thursday, January 1, 2015154190001002000
Friday, January 1, 201623844000888000
Sunday, January 1, 20174037600019623000
Monday, January 1, 20187524700030421000
Tuesday, January 1, 20198901700034794000
Wednesday, January 1, 202011476400028304000
Friday, January 1, 202111386400056886000
Saturday, January 1, 2022130991000100894000
Sunday, January 1, 2023184353000159765000
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Unlocking the unknown

A Decade of Innovation: R&D Spending in Biotech

In the ever-evolving world of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Corcept Therapeutics Incorporated and Viridian Therapeutics, Inc. have demonstrated significant growth in their R&D investments.

Corcept Therapeutics: A Steady Climb

From 2014 to 2023, Corcept Therapeutics has increased its R&D expenses by over 900%, reflecting a robust strategy to enhance its therapeutic offerings. Notably, the company's R&D spending surged from approximately $18 million in 2014 to nearly $184 million in 2023, underscoring its dedication to advancing medical research.

Viridian Therapeutics: Rapid Expansion

Viridian Therapeutics, on the other hand, has shown an even more dramatic rise, with R&D expenses skyrocketing from a modest $293,000 in 2014 to about $160 million in 2023. This exponential growth highlights Viridian's aggressive pursuit of innovation and its potential to make significant breakthroughs in the biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025