Research and Development Expenses Breakdown: United Therapeutics Corporation vs Amicus Therapeutics, Inc.

Biotech R&D: United vs. Amicus - A Decade of Innovation

__timestampAmicus Therapeutics, Inc.United Therapeutics Corporation
Wednesday, January 1, 201447624000242549000
Thursday, January 1, 201576943000245098000
Friday, January 1, 2016104793000147600000
Sunday, January 1, 2017149310000264600000
Monday, January 1, 2018270902000357900000
Tuesday, January 1, 20192863780001182600000
Wednesday, January 1, 2020308443000357700000
Friday, January 1, 2021272049000540100000
Saturday, January 1, 2022276677000322900000
Sunday, January 1, 2023152381000408000000
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Unveiling the hidden dimensions of data

A Decade of Innovation: R&D Spending in Biotech

In the ever-evolving world of biotechnology, research and development (R&D) expenses are a critical indicator of a company's commitment to innovation. Over the past decade, United Therapeutics Corporation and Amicus Therapeutics, Inc. have demonstrated contrasting strategies in their R&D investments.

United Therapeutics Corporation: A Steady Climb

From 2014 to 2023, United Therapeutics consistently increased its R&D spending, peaking in 2019 with a remarkable 1.18 billion dollars. This represents a nearly 400% increase from its 2016 low, showcasing a robust commitment to advancing medical breakthroughs.

Amicus Therapeutics, Inc.: A Strategic Approach

Amicus Therapeutics, on the other hand, saw its R&D expenses grow by approximately 220% from 2014 to 2020, reaching a high of 308 million dollars. However, a strategic reduction in 2023 suggests a shift in focus, possibly towards commercialization or operational efficiency.

These trends highlight the dynamic nature of R&D investments in the biotech sector, reflecting each company's unique approach to innovation and growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025