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

Eli Lilly's R&D spending dwarfs Catalyst's over a decade.

__timestampCatalyst Pharmaceuticals, Inc.Eli Lilly and Company
Wednesday, January 1, 2014101177744733600000
Thursday, January 1, 2015118013424796400000
Friday, January 1, 2016113699415243900000
Sunday, January 1, 2017113752375281800000
Monday, January 1, 2018199192045051200000
Tuesday, January 1, 2019188427525595000000
Wednesday, January 1, 2020164967156085700000
Friday, January 1, 2021169360007025900000
Saturday, January 1, 2022197890007190800000
Sunday, January 1, 2023931500009313400000
Monday, January 1, 202414271000000
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A Decade of R&D Investment: Eli Lilly vs. Catalyst Pharmaceuticals

In the competitive landscape of pharmaceuticals, 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 Catalyst Pharmaceuticals, Inc. in R&D spending. From 2014 to 2023, Eli Lilly's R&D expenses surged by nearly 97%, reaching a peak of approximately $9.3 billion in 2023. This robust investment underscores Eli Lilly's commitment to pioneering new treatments and maintaining its competitive edge.

In contrast, Catalyst Pharmaceuticals, while showing a significant increase in R&D spending in 2023, with a 370% rise from its 2014 levels, still trails far behind Eli Lilly. This disparity highlights the varying scales and strategies of these two companies in the pharmaceutical sector. As the industry continues to evolve, these investments will play a pivotal role in shaping the future of healthcare.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025