Who Prioritizes Innovation? R&D Spending Compared for Alkermes plc and BioCryst Pharmaceuticals, Inc.

R&D Spending Trends in Pharma: Alkermes vs. BioCryst

__timestampAlkermes plcBioCryst Pharmaceuticals, Inc.
Wednesday, January 1, 2014775300051796000
Thursday, January 1, 2015401900072758000
Friday, January 1, 2016230100061008000
Sunday, January 1, 2017723200066962000
Monday, January 1, 20186889500084888000
Tuesday, January 1, 201952816000107068000
Wednesday, January 1, 20201946000122964000
Friday, January 1, 20211020000208808000
Saturday, January 1, 2022393842000253297000
Sunday, January 1, 2023270806000216566000
Monday, January 1, 2024245326000
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Data in motion

Innovation in Pharmaceuticals: A Comparative Analysis

In the ever-evolving pharmaceutical industry, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Alkermes plc and BioCryst Pharmaceuticals, Inc. have demonstrated varying levels of investment in R&D, reflecting their strategic priorities.

From 2014 to 2023, BioCryst Pharmaceuticals consistently increased its R&D spending, peaking in 2022 with a 390% increase from 2014. This upward trend underscores BioCryst's aggressive pursuit of new drug development. In contrast, Alkermes plc showed a more volatile pattern, with a significant spike in 2022, marking a 4,970% increase from its 2014 spending. This suggests a strategic pivot towards innovation in recent years.

These trends highlight the dynamic nature of R&D investment strategies in the pharmaceutical sector, where companies must balance immediate financial performance with long-term innovation goals.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025