Summit Therapeutics Inc. or Lantheus Holdings, Inc.: Who Invests More in Innovation?

Summit vs. Lantheus: A Decade of R&D Investment

__timestampLantheus Holdings, Inc.Summit Therapeutics Inc.
Wednesday, January 1, 20141367300015635076
Thursday, January 1, 20151435800023943601
Friday, January 1, 20161220300023689111
Sunday, January 1, 20171812500041006114
Monday, January 1, 20181707100051379106
Tuesday, January 1, 20192001800032705593
Wednesday, January 1, 20203278800053274000
Friday, January 1, 20214496600085352000
Saturday, January 1, 202231168100051999000
Sunday, January 1, 20237770700059471000
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Unveiling the hidden dimensions of data

Innovation Investment: A Tale of Two Companies

In the competitive landscape of biotechnology and pharmaceuticals, innovation is the key to staying ahead. Over the past decade, Summit Therapeutics Inc. and Lantheus Holdings, Inc. have been at the forefront of this race. From 2014 to 2023, Summit Therapeutics consistently increased its R&D spending, peaking in 2021 with an impressive 85% growth compared to 2014. Meanwhile, Lantheus Holdings made a significant leap in 2022, with a staggering 1,200% increase in R&D expenses from its 2014 levels. This surge underscores Lantheus's commitment to innovation, particularly in recent years. While Summit's investment strategy shows steady growth, Lantheus's dramatic increase in 2022 highlights a strategic pivot towards aggressive innovation. As these companies continue to invest in research and development, the future of medical advancements looks promising.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025