Research and Development Expenses Breakdown: Ionis Pharmaceuticals, Inc. vs Xencor, Inc.

Biotech R&D: Ionis vs. Xencor's Strategic Investments

__timestampIonis Pharmaceuticals, Inc.Xencor, Inc.
Wednesday, January 1, 201424175100018516000
Thursday, January 1, 201532229200034140000
Friday, January 1, 201634432000051872000
Sunday, January 1, 201737464400071772000
Monday, January 1, 201841460400097501000
Tuesday, January 1, 2019466000000118590000
Wednesday, January 1, 2020535000000169802000
Friday, January 1, 2021643000000192507000
Saturday, January 1, 2022833000000199563000
Sunday, January 1, 2023899625000253598000
Monday, January 1, 2024901530000
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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 key indicator of a company's commitment to innovation. Over the past decade, Ionis Pharmaceuticals, Inc. and Xencor, Inc. have demonstrated contrasting strategies in their R&D investments.

Ionis Pharmaceuticals, Inc.

Since 2014, Ionis Pharmaceuticals has consistently increased its R&D expenses, reflecting a robust growth strategy. By 2023, their R&D spending surged by approximately 272%, highlighting their aggressive pursuit of new therapies and technologies. This upward trend underscores Ionis's dedication to maintaining a leading edge in the biotech industry.

Xencor, Inc.

In contrast, Xencor, Inc. has shown a more moderate increase in R&D spending, with a growth of around 1,270% over the same period. While their investment is smaller in absolute terms, the significant percentage increase indicates a strategic focus on targeted innovation.

These trends offer a fascinating glimpse into the strategic priorities of two prominent biotech firms.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025