Research and Development Expenses Breakdown: Amicus Therapeutics, Inc. vs Geron Corporation

Biotech R&D: Amicus vs. Geron - A Decade of Innovation

__timestampAmicus Therapeutics, Inc.Geron Corporation
Wednesday, January 1, 20144762400020707000
Thursday, January 1, 20157694300017831000
Friday, January 1, 201610479300018047000
Sunday, January 1, 201714931000011033000
Monday, January 1, 201827090200013432000
Tuesday, January 1, 201928637800052072000
Wednesday, January 1, 202030844300051488000
Friday, January 1, 202127204900085727000
Saturday, January 1, 202227667700095518000
Sunday, January 1, 2023152381000125046000
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Cracking the code

A Decade of Innovation: R&D Spending in Biotech

In the competitive world of biotechnology, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Amicus Therapeutics, Inc. and Geron Corporation have demonstrated contrasting strategies in their R&D investments.

Amicus Therapeutics, Inc.

From 2014 to 2023, Amicus Therapeutics has consistently increased its R&D expenses, peaking in 2020 with a 547% increase from 2014. This surge underscores their aggressive pursuit of groundbreaking therapies, particularly in rare diseases. However, a notable dip in 2023 suggests a strategic shift or potential market challenges.

Geron Corporation

Conversely, Geron Corporation's R&D spending has been more volatile. Despite a modest start, their expenses grew significantly by 2023, marking a 504% rise from 2014. This reflects their renewed focus on advancing telomerase-based therapies.

Both companies exemplify the dynamic nature of biotech innovation, where strategic R&D investments can lead to transformative medical breakthroughs.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025