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

Biotech R&D: Gilead vs. Protagonist - A Decade of Investment

__timestampGilead Sciences, Inc.Protagonist Therapeutics, Inc.
Wednesday, January 1, 201428540000007459000
Thursday, January 1, 2015301400000011831000
Friday, January 1, 2016509800000025705000
Sunday, January 1, 2017373400000046181000
Monday, January 1, 2018501800000059497000
Tuesday, January 1, 2019910600000065003000
Wednesday, January 1, 2020503900000074506000
Friday, January 1, 20215363000000126006000
Saturday, January 1, 20224977000000126215000
Sunday, January 1, 20236923000000120161000
Monday, January 1, 20245907000000
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Igniting the spark of knowledge

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

In the ever-evolving landscape of biotechnology, research and development (R&D) investments are the lifeblood of innovation. Over the past decade, Gilead Sciences, Inc. and Protagonist Therapeutics, Inc. have demonstrated contrasting yet intriguing R&D strategies.

Gilead Sciences: A Powerhouse of Investment

Gilead Sciences has consistently invested heavily in R&D, with expenditures peaking in 2019 at nearly 9 billion dollars. This represents a staggering 219% increase from their 2014 investment. Such robust funding underscores Gilead's commitment to pioneering treatments and maintaining its leadership in the biotech sector.

Protagonist Therapeutics: A Steady Climb

In contrast, Protagonist Therapeutics has shown a steady increase in R&D spending, growing by over 1,500% from 2014 to 2023. This growth trajectory highlights the company's strategic focus on innovation and its potential to disrupt the market with novel therapies.

As these companies continue to invest in R&D, the future of biotechnology looks promising, with potential breakthroughs on the horizon.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025