Research and Development Expenses Breakdown: Incyte Corporation vs Ascendis Pharma A/S

Biopharma R&D: Incyte vs. Ascendis - A Decade of Growth

__timestampAscendis Pharma A/SIncyte Corporation
Wednesday, January 1, 201419698000347523000
Thursday, January 1, 201540528000479514000
Friday, January 1, 201666022000581861000
Sunday, January 1, 2017995890001326361000
Monday, January 1, 20181402810001197957000
Tuesday, January 1, 20191916210001154111000
Wednesday, January 1, 20202609040002215942000
Friday, January 1, 20212958670001458179000
Saturday, January 1, 20223796240001585936000
Sunday, January 1, 20234134540001627594000
Monday, January 1, 20243070040002606848000
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Cracking the code

A Decade of Innovation: R&D Spending in Biopharma

In the competitive world of biopharmaceuticals, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Incyte Corporation and Ascendis Pharma A/S have demonstrated significant investment in R&D, reflecting their dedication to advancing medical science.

Incyte Corporation: A Leader in R&D

Incyte Corporation has consistently outpaced Ascendis Pharma in R&D spending, with a peak investment of approximately $1.6 billion in 2023. This represents a nearly fivefold increase from 2014, showcasing Incyte's aggressive pursuit of new therapies.

Ascendis Pharma: Rapid Growth

Ascendis Pharma, while starting from a smaller base, has shown remarkable growth in R&D expenditure, increasing by over 2,000% from 2014 to 2023. This surge underscores Ascendis's strategic focus on expanding its pipeline and enhancing its competitive edge.

Both companies exemplify the dynamic nature of the biopharma industry, where R&D investment is crucial for long-term success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025