Research and Development Expenses Breakdown: Pfizer Inc. vs Neurocrine Biosciences, Inc.

Pfizer vs Neurocrine: A Decade of R&D Investment Trends

__timestampNeurocrine Biosciences, Inc.Pfizer Inc.
Wednesday, January 1, 2014464250008393000000
Thursday, January 1, 2015814910007690000000
Friday, January 1, 2016942910007872000000
Sunday, January 1, 20171218270007657000000
Monday, January 1, 20181605240008006000000
Tuesday, January 1, 20192000000008650000000
Wednesday, January 1, 20202750000009405000000
Friday, January 1, 202132810000013829000000
Saturday, January 1, 202246380000011428000000
Sunday, January 1, 202356500000010679000000
Monday, January 1, 202473110000010930000000
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Unleashing insights

A Decade of Innovation: R&D Spending in the Pharmaceutical Industry

In the ever-evolving landscape of pharmaceuticals, research and development (R&D) expenses are a critical indicator of a company's commitment to innovation. Over the past decade, Pfizer Inc. and Neurocrine Biosciences, Inc. have demonstrated contrasting yet intriguing R&D investment strategies. From 2014 to 2023, Pfizer's R&D expenses have consistently dwarfed those of Neurocrine, with Pfizer investing nearly 40 times more on average. However, Neurocrine's R&D spending has shown a remarkable growth trajectory, increasing by over 1,100% from 2014 to 2023. This surge reflects Neurocrine's aggressive push towards expanding its research capabilities. Meanwhile, Pfizer's R&D expenses peaked in 2021, coinciding with the global demand for innovative healthcare solutions. These trends underscore the dynamic nature of R&D investments and their pivotal role in shaping the future of healthcare.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025