Research and Development Investment: Axsome Therapeutics, Inc. vs Alpine Immune Sciences, Inc.

Biotech Giants' R&D Surge: A Decade of Growth

__timestampAlpine Immune Sciences, Inc.Axsome Therapeutics, Inc.
Wednesday, January 1, 2014121995474279200
Thursday, January 1, 2015160540006776987
Friday, January 1, 20162331600021199860
Sunday, January 1, 20171062600019957616
Monday, January 1, 20182897000023495055
Tuesday, January 1, 20193584700053647067
Wednesday, January 1, 20202718500070244579
Friday, January 1, 20215874200058060725
Saturday, January 1, 20227024300057947447
Sunday, January 1, 20238090400097944000
Monday, January 1, 2024187077000
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In pursuit of knowledge

A Decade of Innovation: R&D Investments in Biotech

In the competitive world of biotechnology, research and development (R&D) investments are crucial for driving innovation and growth. Over the past decade, Axsome Therapeutics, Inc. and Alpine Immune Sciences, Inc. have demonstrated significant commitment to R&D, with both companies showing a steady increase in their investments.

From 2014 to 2023, Axsome Therapeutics increased its R&D spending by over 2,000%, peaking in 2023 with an investment of nearly $98 million. This surge underscores Axsome's aggressive pursuit of new therapeutic solutions. Meanwhile, Alpine Immune Sciences also ramped up its R&D efforts, with a notable 563% increase over the same period, reaching approximately $81 million in 2023.

These investments highlight the companies' dedication to advancing medical science and improving patient outcomes, positioning them as leaders in the biotech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025