Research and Development: Comparing Key Metrics for Perrigo Company plc and Agios Pharmaceuticals, Inc.

R&D Trends: Agios vs. Perrigo in Pharmaceuticals

__timestampAgios Pharmaceuticals, Inc.Perrigo Company plc
Wednesday, January 1, 2014100371000152500000
Thursday, January 1, 2015141827000187800000
Friday, January 1, 2016220163000184000000
Sunday, January 1, 2017292681000167700000
Monday, January 1, 2018341324000218600000
Tuesday, January 1, 2019410894000187400000
Wednesday, January 1, 2020367470000177700000
Friday, January 1, 2021256973000122000000
Saturday, January 1, 2022279910000123100000
Sunday, January 1, 2023288903000122500000
Monday, January 1, 2024301286000
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Unlocking the unknown

A Decade of Innovation: R&D Trends in Pharmaceuticals

In the ever-evolving landscape of pharmaceuticals, research and development (R&D) is the lifeblood of innovation. Over the past decade, Agios Pharmaceuticals, Inc. and Perrigo Company plc have demonstrated contrasting approaches to R&D investment.

Agios Pharmaceuticals, Inc.: A Steady Climb

From 2014 to 2023, Agios Pharmaceuticals has consistently increased its R&D spending, peaking in 2019 with a 310% rise from its 2014 levels. This commitment underscores Agios's dedication to pioneering new treatments and therapies.

Perrigo Company plc: A Balanced Approach

Conversely, Perrigo Company plc has maintained a more stable R&D expenditure, with a slight decline of around 20% from 2014 to 2023. This strategy reflects Perrigo's focus on optimizing existing product lines while cautiously exploring new opportunities.

As the pharmaceutical industry continues to innovate, these companies' R&D strategies offer valuable insights into their future trajectories.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025