Research and Development Investment: Corcept Therapeutics Incorporated vs Alkermes plc

Biotech Giants' R&D Strategies: A Decade of Innovation

__timestampAlkermes plcCorcept Therapeutics Incorporated
Wednesday, January 1, 2014775300018372000
Thursday, January 1, 2015401900015419000
Friday, January 1, 2016230100023844000
Sunday, January 1, 2017723200040376000
Monday, January 1, 20186889500075247000
Tuesday, January 1, 20195281600089017000
Wednesday, January 1, 20201946000114764000
Friday, January 1, 20211020000113864000
Saturday, January 1, 2022393842000130991000
Sunday, January 1, 2023270806000184353000
Monday, January 1, 2024245326000
Loading chart...

Cracking the code

A Decade of Innovation: R&D Investments in Biotech

In the ever-evolving world of biotechnology, research and development (R&D) investments are the lifeblood of innovation. Over the past decade, Corcept Therapeutics Incorporated and Alkermes plc have demonstrated contrasting strategies in their R&D expenditures. From 2014 to 2023, Corcept Therapeutics consistently increased its R&D spending, peaking in 2023 with a 900% increase from its 2014 levels. This strategic focus underscores Corcept's commitment to pioneering advancements in medical therapies.

Conversely, Alkermes plc exhibited a more volatile investment pattern, with a significant spike in 2022, marking a 5000% increase from its 2015 low. This surge highlights Alkermes' strategic pivot towards aggressive innovation. The data reveals a fascinating narrative of two companies navigating the complex landscape of biotech innovation, each with its unique approach to R&D investment.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025