Research and Development Investment: Genmab A/S vs Intra-Cellular Therapies, Inc.

Biotech R&D: Genmab vs. Intra-Cellular Therapies

__timestampGenmab A/SIntra-Cellular Therapies, Inc.
Wednesday, January 1, 201450567900021226345
Thursday, January 1, 201548765600087718074
Friday, January 1, 201666087600093831530
Sunday, January 1, 201787427800079419009
Monday, January 1, 20181431159000132166913
Tuesday, January 1, 2019238600000089124838
Wednesday, January 1, 2020313700000065782137
Friday, January 1, 2021418100000088845513
Saturday, January 1, 20225562000000134715000
Sunday, January 1, 20237630000000180142000
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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, Genmab A/S and Intra-Cellular Therapies, Inc. have demonstrated contrasting trajectories in their R&D spending.

Genmab A/S: A Steady Climb

From 2014 to 2023, Genmab A/S has consistently increased its R&D investments, showcasing a remarkable growth of over 1,400%. This Danish biotech giant's commitment to innovation is evident as it reached a peak investment of approximately $7.63 billion in 2023.

Intra-Cellular Therapies, Inc.: A Steady Pace

In contrast, Intra-Cellular Therapies, Inc. has maintained a more modest growth, with R&D expenses rising by around 750% over the same period. By 2023, their investment reached nearly $180 million, reflecting a focused yet steady approach to research.

These trends highlight the diverse strategies within the biotech sector, where both aggressive and steady investment approaches can drive innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025