Research and Development Investment: Eli Lilly and Company vs Arrowhead Pharmaceuticals, Inc.

Eli Lilly vs. Arrowhead: A Decade of R&D Investment

__timestampArrowhead Pharmaceuticals, Inc.Eli Lilly and Company
Wednesday, January 1, 2014231380504733600000
Thursday, January 1, 2015574101474796400000
Friday, January 1, 2016414544525243900000
Sunday, January 1, 2017316902985281800000
Monday, January 1, 2018529685055051200000
Tuesday, January 1, 2019810486865595000000
Wednesday, January 1, 20201288749796085700000
Friday, January 1, 20212063420007025900000
Saturday, January 1, 20222973070007190800000
Sunday, January 1, 20233531880009313400000
Monday, January 1, 202450587000014271000000
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Unlocking the unknown

A Decade of R&D Investment: Eli Lilly vs. Arrowhead Pharmaceuticals

In the ever-evolving pharmaceutical industry, research and development (R&D) investment is a critical driver of innovation and growth. Over the past decade, Eli Lilly and Company has consistently outpaced Arrowhead Pharmaceuticals, Inc. in R&D spending. From 2014 to 2023, Eli Lilly's R&D expenses grew by approximately 97%, peaking at $9.3 billion in 2023. In contrast, Arrowhead Pharmaceuticals, while showing a significant upward trend, increased its R&D investment by over 2,000%, reaching $353 million in 2023.

This stark difference highlights the scale and resources of a pharmaceutical giant like Eli Lilly compared to a smaller, yet rapidly growing, biotech firm like Arrowhead. The data underscores the importance of R&D in maintaining competitive advantage and driving future breakthroughs in medicine. As we look to the future, these investments will likely shape the landscape of healthcare innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025