Research and Development Expenses Breakdown: Intra-Cellular Therapies, Inc. vs Amicus Therapeutics, Inc.

Biotech R&D: A Decade of Strategic Shifts

__timestampAmicus Therapeutics, Inc.Intra-Cellular Therapies, Inc.
Wednesday, January 1, 20144762400021226345
Thursday, January 1, 20157694300087718074
Friday, January 1, 201610479300093831530
Sunday, January 1, 201714931000079419009
Monday, January 1, 2018270902000132166913
Tuesday, January 1, 201928637800089124838
Wednesday, January 1, 202030844300065782137
Friday, January 1, 202127204900088845513
Saturday, January 1, 2022276677000134715000
Sunday, January 1, 2023152381000180142000
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Unlocking the unknown

A Decade of Innovation: R&D Spending in Biotech

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

From 2014 to 2023, Amicus Therapeutics consistently outpaced Intra-Cellular Therapies in R&D spending, peaking in 2020 with a 548% increase from 2014. However, Intra-Cellular Therapies showed a remarkable 748% growth in the same period, surpassing Amicus in 2023. This shift highlights a strategic pivot by Intra-Cellular Therapies, emphasizing their growing focus on innovation.

These trends underscore the dynamic nature of the biotech industry, where strategic R&D investments can redefine market positions and drive future breakthroughs.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025