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

R&D Spending Trends in Biopharmaceuticals: A Decade of Innovation

__timestampAmphastar Pharmaceuticals, Inc.TG Therapeutics, Inc.
Wednesday, January 1, 20142842700031354781
Thursday, January 1, 20153706500043445817
Friday, January 1, 20164119900066489820
Sunday, January 1, 20174341500096886134
Monday, January 1, 201857564000153793000
Tuesday, January 1, 201968853000148369000
Wednesday, January 1, 202067229000151934000
Friday, January 1, 202160932000198532000
Saturday, January 1, 202274771000112128000
Sunday, January 1, 20237374100076192000
Loading chart...

Unveiling the hidden dimensions of data

A Decade of Innovation: R&D Spending in Biopharmaceuticals

In the ever-evolving landscape of biopharmaceuticals, research and development (R&D) is the lifeblood of innovation. Over the past decade, TG Therapeutics, Inc. and Amphastar Pharmaceuticals, Inc. have demonstrated contrasting trajectories in their R&D investments. From 2014 to 2023, TG Therapeutics consistently outpaced Amphastar, with R&D expenses peaking in 2021 at nearly 200% of Amphastar's spending. This trend underscores TG Therapeutics' aggressive pursuit of novel therapies, particularly in the field of oncology. Meanwhile, Amphastar's steady increase in R&D, culminating in a 160% rise from 2014 to 2023, highlights its commitment to enhancing its portfolio of generic and specialty pharmaceuticals. As these companies continue to navigate the complexities of drug development, their R&D strategies will be pivotal in shaping their competitive edge and delivering groundbreaking treatments to patients worldwide.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025