Research and Development: Comparing Key Metrics for Exelixis, Inc. and Ionis Pharmaceuticals, Inc.

Biotech Giants' R&D Spending: A Decade of Growth and Innovation

__timestampExelixis, Inc.Ionis Pharmaceuticals, Inc.
Wednesday, January 1, 2014189101000241751000
Thursday, January 1, 201596351000322292000
Friday, January 1, 201695967000344320000
Sunday, January 1, 2017112171000374644000
Monday, January 1, 2018182257000414604000
Tuesday, January 1, 2019336964000466000000
Wednesday, January 1, 2020547851000535000000
Friday, January 1, 2021693716000643000000
Saturday, January 1, 2022891813000833000000
Sunday, January 1, 20231044071000899625000
Monday, January 1, 2024910408000901530000
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Unveiling the hidden dimensions of data

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

In the ever-evolving world of biotechnology, research and development (R&D) is the lifeblood of innovation. Over the past decade, Exelixis, Inc. and Ionis Pharmaceuticals, Inc. have been at the forefront, investing heavily in R&D to drive breakthroughs in medical science.

Exelixis, Inc.: A Steady Climb

From 2014 to 2023, Exelixis, Inc. has seen a remarkable increase in R&D expenses, growing by over 450%. This upward trajectory underscores the company's commitment to advancing its pipeline and expanding its therapeutic reach.

Ionis Pharmaceuticals, Inc.: Consistent Investment

Ionis Pharmaceuticals, Inc. has also demonstrated a robust commitment to R&D, with a 270% increase in spending over the same period. This consistent investment highlights Ionis's dedication to pioneering RNA-targeted therapies.

Both companies exemplify the biotech sector's relentless pursuit of innovation, with R&D spending reflecting their strategic priorities and future ambitions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025