Research and Development Expenses Breakdown: Perrigo Company plc vs Celldex Therapeutics, Inc.

Biopharma R&D: Celldex vs. Perrigo's Decade of Innovation

__timestampCelldex Therapeutics, Inc.Perrigo Company plc
Wednesday, January 1, 2014104381000152500000
Thursday, January 1, 2015100171000187800000
Friday, January 1, 2016102726000184000000
Sunday, January 1, 201796171000167700000
Monday, January 1, 201866449000218600000
Tuesday, January 1, 201942672000187400000
Wednesday, January 1, 202042534000177700000
Friday, January 1, 202153311000122000000
Saturday, January 1, 202282258000123100000
Sunday, January 1, 2023118011000122500000
Loading chart...

Infusing magic into the data realm

A Decade of Innovation: R&D Spending Trends in Biopharma

In the ever-evolving landscape of biopharmaceuticals, research and development (R&D) expenses are a critical indicator of a company's commitment to innovation. Over the past decade, Celldex Therapeutics, Inc. and Perrigo Company plc have demonstrated contrasting approaches to R&D investment.

From 2014 to 2023, Celldex Therapeutics, Inc. has shown a dynamic R&D spending pattern, peaking in 2014 and 2023 with expenditures around 118 million USD. This reflects a strategic focus on pioneering therapies, despite a dip in the mid-2010s. In contrast, Perrigo Company plc maintained a more stable R&D investment, with a notable peak in 2018, reaching approximately 219 million USD. This steady approach underscores Perrigo's commitment to incremental innovation in consumer healthcare.

These trends highlight the diverse strategies within the biopharma sector, where companies balance between breakthrough innovations and consistent product development.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025