Research and Development Investment: Gilead Sciences, Inc. vs Corcept Therapeutics Incorporated

Biotech R&D: Gilead vs. Corcept's Decade of Innovation

__timestampCorcept Therapeutics IncorporatedGilead Sciences, Inc.
Wednesday, January 1, 2014183720002854000000
Thursday, January 1, 2015154190003014000000
Friday, January 1, 2016238440005098000000
Sunday, January 1, 2017403760003734000000
Monday, January 1, 2018752470005018000000
Tuesday, January 1, 2019890170009106000000
Wednesday, January 1, 20201147640005039000000
Friday, January 1, 20211138640005363000000
Saturday, January 1, 20221309910004977000000
Sunday, January 1, 20231843530006923000000
Monday, January 1, 20245907000000
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Data in motion

A Decade of Innovation: R&D Investments in Biotech Giants

In the ever-evolving world of biotechnology, research and development (R&D) investments are the lifeblood of innovation. Over the past decade, Gilead Sciences, Inc. and Corcept Therapeutics Incorporated have demonstrated contrasting yet intriguing R&D strategies. Gilead Sciences, a titan in the industry, consistently allocated substantial resources, with R&D expenses peaking at approximately $9.1 billion in 2019. This represents a staggering 220% increase from 2014, underscoring their commitment to groundbreaking therapies.

Conversely, Corcept Therapeutics, a smaller yet ambitious player, exhibited a remarkable growth trajectory in R&D spending. From a modest $18 million in 2014, their investment surged by over 900% to nearly $184 million in 2023. This strategic escalation highlights their dedication to expanding their therapeutic portfolio.

These investment patterns not only reflect the companies' strategic priorities but also their roles in shaping the future of healthcare innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025