Viking Therapeutics, Inc. or Evotec SE: Who Invests More in Innovation?

Biotech Giants' R&D Battle: Viking vs. Evotec

__timestampEvotec SEViking Therapeutics, Inc.
Wednesday, January 1, 20141240400022223073
Thursday, January 1, 2015183430006966842
Friday, January 1, 2016181080009000499
Sunday, January 1, 20171761400013741186
Monday, January 1, 20183561900019040000
Tuesday, January 1, 20195843200023559000
Wednesday, January 1, 20206394500031931000
Friday, January 1, 20217220000044981000
Saturday, January 1, 20227664200054234000
Sunday, January 1, 20235751900063806000
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Unveiling the hidden dimensions of data

Innovation Race: Viking Therapeutics vs. Evotec SE

In the dynamic world of biotechnology, innovation is the key to success. Over the past decade, Viking Therapeutics, Inc. and Evotec SE have been at the forefront of this innovation race. From 2014 to 2023, both companies have significantly increased their investment in research and development (R&D), a crucial indicator of their commitment to innovation.

Evotec SE, a German-based company, has consistently increased its R&D spending, peaking in 2022 with a 520% increase from 2014. Meanwhile, Viking Therapeutics, a U.S.-based firm, has shown an even more dramatic rise, with a 187% increase in R&D expenses over the same period, surpassing Evotec SE in 2023.

This trend highlights the fierce competition and dedication to innovation in the biotech industry, as both companies strive to lead in groundbreaking research and development.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025