Research and Development Expenses Breakdown: MannKind Corporation vs Evotec SE

Biotech R&D: MannKind vs. Evotec's Strategic Spending

__timestampEvotec SEMannKind Corporation
Wednesday, January 1, 201412404000100244000
Thursday, January 1, 20151834300029674000
Friday, January 1, 20161810800014917000
Sunday, January 1, 20171761400014118000
Monday, January 1, 2018356190008737000
Tuesday, January 1, 2019584320006900000
Wednesday, January 1, 2020639450006248000
Friday, January 1, 20217220000012312000
Saturday, January 1, 20227664200019721000
Sunday, January 1, 20235751900031283000
Loading chart...

Unveiling the hidden dimensions of data

A Tale of Two Innovators: R&D Spending Trends

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, MannKind Corporation and Evotec SE have demonstrated contrasting approaches to R&D investment.

MannKind Corporation: A Rollercoaster Ride

MannKind's R&D expenses peaked dramatically in 2014, with a staggering 100% increase compared to Evotec. However, the subsequent years saw a sharp decline, with expenses dropping by over 90% by 2020. This fluctuation reflects MannKind's strategic shifts and financial challenges.

Evotec SE: Steady Growth

In contrast, Evotec SE has shown a consistent upward trend in R&D spending, with a 500% increase from 2014 to 2022. This steady growth underscores Evotec's commitment to long-term innovation and development.

These trends highlight the diverse strategies in the biotech sector, where financial stability and strategic focus play crucial roles in shaping a company's future.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025