Research and Development Expenses Breakdown: Neurocrine Biosciences, Inc. vs Ligand Pharmaceuticals Incorporated

Biotech R&D: Neurocrine vs. Ligand's Decade of Innovation

__timestampLigand Pharmaceuticals IncorporatedNeurocrine Biosciences, Inc.
Wednesday, January 1, 20141212200046425000
Thursday, January 1, 20151338000081491000
Friday, January 1, 20162122100094291000
Sunday, January 1, 201726887000121827000
Monday, January 1, 201827863000160524000
Tuesday, January 1, 201955908000200000000
Wednesday, January 1, 202059392000275000000
Friday, January 1, 202169012000328100000
Saturday, January 1, 202236082000463800000
Sunday, January 1, 202324537000565000000
Monday, January 1, 2024731100000
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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, Neurocrine Biosciences, Inc. and Ligand Pharmaceuticals Incorporated have demonstrated contrasting strategies in their R&D investments.

From 2014 to 2023, Neurocrine Biosciences has consistently increased its R&D expenses, peaking in 2023 with a staggering 565% increase from its 2014 spending. This upward trend underscores Neurocrine's aggressive pursuit of new therapies and technologies. In contrast, Ligand Pharmaceuticals has shown a more fluctuating pattern, with its highest R&D expenditure in 2021, marking a 470% increase from 2014, before a notable decline in subsequent years.

These spending patterns reflect each company's strategic focus and market positioning, offering insights into their future growth trajectories and potential breakthroughs in the biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025