Research and Development Investment: Intra-Cellular Therapies, Inc. vs Ionis Pharmaceuticals, Inc.

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

__timestampIntra-Cellular Therapies, Inc.Ionis Pharmaceuticals, Inc.
Wednesday, January 1, 201421226345241751000
Thursday, January 1, 201587718074322292000
Friday, January 1, 201693831530344320000
Sunday, January 1, 201779419009374644000
Monday, January 1, 2018132166913414604000
Tuesday, January 1, 201989124838466000000
Wednesday, January 1, 202065782137535000000
Friday, January 1, 202188845513643000000
Saturday, January 1, 2022134715000833000000
Sunday, January 1, 2023180142000899625000
Monday, January 1, 2024901530000
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Data in motion

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, Intra-Cellular Therapies, Inc. and Ionis Pharmaceuticals, Inc. have demonstrated a steadfast commitment to advancing medical science.

From 2014 to 2023, Ionis Pharmaceuticals consistently outpaced Intra-Cellular Therapies in R&D spending, with an average annual investment nearly five times greater. Notably, Ionis's R&D expenses surged by approximately 272% from 2014 to 2023, reflecting its aggressive pursuit of groundbreaking therapies. Meanwhile, Intra-Cellular Therapies exhibited a remarkable 748% increase in R&D spending over the same period, underscoring its dedication to innovation despite a smaller budget.

These investments highlight the critical role of R&D in driving biotech advancements, promising a future of transformative treatments and therapies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025