Research and Development Investment: Neurocrine Biosciences, Inc. vs Exelixis, Inc.

Biotech R&D: Exelixis vs. Neurocrine, 2014-2023

__timestampExelixis, Inc.Neurocrine Biosciences, Inc.
Wednesday, January 1, 201418910100046425000
Thursday, January 1, 20159635100081491000
Friday, January 1, 20169596700094291000
Sunday, January 1, 2017112171000121827000
Monday, January 1, 2018182257000160524000
Tuesday, January 1, 2019336964000200000000
Wednesday, January 1, 2020547851000275000000
Friday, January 1, 2021693716000328100000
Saturday, January 1, 2022891813000463800000
Sunday, January 1, 20231044071000565000000
Monday, January 1, 2024910408000731100000
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Infusing magic into the data realm

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

In the competitive world of biotechnology, research and development (R&D) investments are crucial for innovation and growth. Over the past decade, Neurocrine Biosciences, Inc. and Exelixis, Inc. have demonstrated significant commitment to R&D, with Exelixis leading the charge. From 2014 to 2023, Exelixis increased its R&D spending by over 450%, reaching a peak in 2023. Neurocrine Biosciences, while starting from a lower base, also showed a robust growth of approximately 1,100% in the same period.

This trend highlights the strategic focus of these companies on developing new therapies and maintaining a competitive edge. The data underscores the importance of sustained investment in R&D for biotech firms aiming to drive innovation and deliver breakthrough treatments. As the industry continues to evolve, these investments will likely play a pivotal role in shaping the future of healthcare.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025