Research and Development Investment: Insmed Incorporated vs BioMarin Pharmaceutical Inc.

Biotech Giants' R&D Surge: A Decade of Innovation

__timestamp	BioMarin Pharmaceutical Inc.	Insmed Incorporated
Wednesday, January 1, 2014	461543000	56292000
Thursday, January 1, 2015	634806000	74277000
Friday, January 1, 2016	661905000	122721000
Sunday, January 1, 2017	610753000	109749000
Monday, January 1, 2018	696328000	145283000
Tuesday, January 1, 2019	715007000	131711000
Wednesday, January 1, 2020	628116000	181157000
Friday, January 1, 2021	628793000	272744000
Saturday, January 1, 2022	649606000	397518000
Sunday, January 1, 2023	746773000	571011000
Monday, January 1, 2024	747184000

Unleashing insights

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, BioMarin Pharmaceutical Inc. and Insmed Incorporated have demonstrated a steadfast commitment to advancing medical breakthroughs.

BioMarin, a leader in rare disease therapies, has consistently increased its R&D spending, peaking in 2023 with a 62% rise from 2014. This strategic investment underscores their dedication to pioneering treatments that transform lives. Meanwhile, Insmed, known for its focus on serious and rare diseases, has shown an impressive 914% surge in R&D expenses over the same period. This remarkable growth highlights their aggressive pursuit of novel therapies.

As these companies continue to push the boundaries of science, their R&D investments not only fuel innovation but also promise a brighter future for patients worldwide.

Published by

U.S. Securities and Exchange Commission

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sec.gov

Date published

17 Jan 2025