Who Prioritizes Innovation? R&D Spending Compared for Ascendis Pharma A/S and ImmunityBio, Inc.

Biotech Giants: Ascendis vs. ImmunityBio in R&D Spending

__timestampAscendis Pharma A/SImmunityBio, Inc.
Wednesday, January 1, 2014196980001595000
Thursday, January 1, 20154052800011434000
Friday, January 1, 20166602200026546000
Sunday, January 1, 20179958900039778000
Monday, January 1, 201814028100053418000
Tuesday, January 1, 2019191621000111997000
Wednesday, January 1, 2020260904000139507000
Friday, January 1, 2021295867000195958000
Saturday, January 1, 2022379624000248149000
Sunday, January 1, 2023413454000232366000
Monday, January 1, 2024307004000
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Infusing magic into the data realm

Innovation in the Biotech Arena: A Comparative Analysis

In the ever-evolving world of biotechnology, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Ascendis Pharma A/S and ImmunityBio, Inc. have been at the forefront of this race since 2014. Over the past decade, Ascendis Pharma has consistently increased its R&D investment, growing by over 2,000% from 2014 to 2023. In contrast, ImmunityBio, Inc. has also shown a significant upward trend, with a nearly 1,500% increase in the same period.

By 2023, Ascendis Pharma's R&D expenses reached approximately 413 million, nearly doubling ImmunityBio's 232 million. This substantial investment underscores Ascendis Pharma's strategic focus on pioneering new treatments. As the biotech industry continues to expand, these companies' R&D commitments highlight their roles as leaders in innovation, shaping the future of healthcare.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025