Research and Development Investment: Corcept Therapeutics Incorporated vs Iovance Biotherapeutics, Inc.

Biotech Giants' R&D Surge: Corcept vs. Iovance

__timestampCorcept Therapeutics IncorporatedIovance Biotherapeutics, Inc.
Wednesday, January 1, 2014183720002704597
Thursday, January 1, 20151541900015470000
Friday, January 1, 20162384400028037000
Sunday, January 1, 20174037600071615000
Monday, January 1, 20187524700099828000
Tuesday, January 1, 201989017000166023000
Wednesday, January 1, 2020114764000201727000
Friday, January 1, 2021113864000259039000
Saturday, January 1, 2022130991000294781000
Sunday, January 1, 2023184353000344077000
Loading chart...

Unlocking the unknown

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 Iovance Biotherapeutics, Inc. have demonstrated a steadfast commitment to advancing medical science through substantial R&D expenditures.

Corcept Therapeutics: A Steady Climb

From 2014 to 2023, Corcept Therapeutics increased its R&D spending by an impressive 900%, reflecting a strategic focus on developing groundbreaking therapies. This growth underscores the company's dedication to addressing unmet medical needs.

Iovance Biotherapeutics: Leading the Charge

Iovance Biotherapeutics, on the other hand, has seen its R&D investments skyrocket by over 12,000% during the same period. This remarkable surge highlights Iovance's aggressive pursuit of innovative cancer treatments, positioning it as a leader in the biotech sector.

Both companies exemplify the transformative power of R&D in driving medical advancements and improving patient outcomes.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025