United Therapeutics Corporation or PTC Therapeutics, Inc.: Who Invests More in Innovation?

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

__timestampPTC Therapeutics, Inc.United Therapeutics Corporation
Wednesday, January 1, 201479838000242549000
Thursday, January 1, 2015121816000245098000
Friday, January 1, 2016117633000147600000
Sunday, January 1, 2017117456000264600000
Monday, January 1, 2018171984000357900000
Tuesday, January 1, 20192574520001182600000
Wednesday, January 1, 2020477643000357700000
Friday, January 1, 2021540684000540100000
Saturday, January 1, 2022651496000322900000
Sunday, January 1, 2023666563000408000000
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Data in motion

Investing in Innovation: A Tale of Two Biotech Giants

In the competitive world of biotechnology, innovation is the lifeblood of success. Over the past decade, United Therapeutics Corporation and PTC Therapeutics, Inc. have been at the forefront of this race, each investing heavily in research and development (R&D) to drive breakthroughs. From 2014 to 2023, PTC Therapeutics increased its R&D spending by over 730%, peaking in 2023 with an investment of approximately $667 million. Meanwhile, United Therapeutics saw a more modest growth of around 68% in the same period, with a notable spike in 2019 when their R&D expenses reached nearly $1.18 billion. This strategic allocation of resources underscores the companies' commitment to pioneering new treatments and therapies. As the biotech landscape evolves, these investments highlight the critical role of R&D in maintaining a competitive edge and delivering innovative solutions to patients worldwide.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025