Who Prioritizes Innovation? R&D Spending Compared for BeiGene, Ltd. and TG Therapeutics, Inc.

Comparing R&D Priorities: BeiGene vs. TG Therapeutics

__timestampBeiGene, Ltd.TG Therapeutics, Inc.
Wednesday, January 1, 20142186200031354781
Thursday, January 1, 20155825000000043445817
Friday, January 1, 20169803300066489820
Sunday, January 1, 201726901800096886134
Monday, January 1, 2018679005000153793000
Tuesday, January 1, 2019927338000148369000
Wednesday, January 1, 20201294877000151934000
Friday, January 1, 20211459239000198532000
Saturday, January 1, 20221640508000112128000
Sunday, January 1, 2023177859400076192000
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Data in motion

Innovation in Biotech: A Tale of Two Companies

In the competitive world of biotechnology, research and development (R&D) spending is a key indicator of a company's commitment to innovation. BeiGene, Ltd. and TG Therapeutics, Inc. are two prominent players in this field, each with a distinct approach to R&D investment. Over the past decade, BeiGene has consistently outpaced TG Therapeutics in R&D spending, with a staggering 2,000% increase from 2014 to 2023. In contrast, TG Therapeutics has maintained a more modest growth, with R&D expenses peaking in 2021. This disparity highlights BeiGene's aggressive strategy to lead in innovation, while TG Therapeutics adopts a more conservative approach. As the biotech industry continues to evolve, these spending patterns may influence their future market positions and breakthroughs.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025