Research and Development: Comparing Key Metrics for Halozyme Therapeutics, Inc. and Amphastar Pharmaceuticals, Inc.

R&D Trends in Biopharmaceuticals: Halozyme vs. Amphastar

__timestampAmphastar Pharmaceuticals, Inc.Halozyme Therapeutics, Inc.
Wednesday, January 1, 20142842700079696000
Thursday, January 1, 20153706500093236000
Friday, January 1, 201641199000150842000
Sunday, January 1, 201743415000150643000
Monday, January 1, 201857564000150252000
Tuesday, January 1, 201968853000140804000
Wednesday, January 1, 20206722900034236000
Friday, January 1, 20216093200035672000
Saturday, January 1, 20227477100066607000
Sunday, January 1, 20237374100076363000
Monday, January 1, 202479048000
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Igniting the spark of knowledge

A Decade of Innovation: R&D Trends in Biopharmaceuticals

In the ever-evolving landscape of biopharmaceuticals, research and development (R&D) is the lifeblood of innovation. Over the past decade, Halozyme Therapeutics, Inc. and Amphastar Pharmaceuticals, Inc. have demonstrated distinct trajectories in their R&D investments. From 2014 to 2023, Halozyme consistently allocated a significant portion of its resources to R&D, peaking in 2016 with expenditures nearly doubling those of Amphastar. However, a notable decline occurred in 2020, with expenses dropping by over 75% from the previous year. In contrast, Amphastar's R&D spending showed a steady upward trend, culminating in a 160% increase by 2022 compared to 2014. This divergence highlights the strategic differences between the two companies, with Halozyme focusing on breakthrough innovations and Amphastar steadily enhancing its existing product lines. As the industry continues to evolve, these R&D investments will play a crucial role in shaping the future of healthcare.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025