Who Prioritizes Innovation? R&D Spending Compared for Eli Lilly and Company and BioCryst Pharmaceuticals, Inc.

Eli Lilly vs. BioCryst: A Decade of R&D Investment

__timestampBioCryst Pharmaceuticals, Inc.Eli Lilly and Company
Wednesday, January 1, 2014517960004733600000
Thursday, January 1, 2015727580004796400000
Friday, January 1, 2016610080005243900000
Sunday, January 1, 2017669620005281800000
Monday, January 1, 2018848880005051200000
Tuesday, January 1, 20191070680005595000000
Wednesday, January 1, 20201229640006085700000
Friday, January 1, 20212088080007025900000
Saturday, January 1, 20222532970007190800000
Sunday, January 1, 20232165660009313400000
Monday, January 1, 202414271000000
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Data in motion

Innovation in Pharmaceuticals: A Comparative Analysis

In the ever-evolving world of pharmaceuticals, innovation is key to staying ahead. Eli Lilly and Company and BioCryst Pharmaceuticals, Inc. are two giants in the industry, each with a distinct approach to research and development (R&D) spending. Over the past decade, Eli Lilly has consistently outpaced BioCryst in R&D investment, with an average annual expenditure nearly 50 times greater. In 2023, Eli Lilly's R&D spending reached a staggering $9.3 billion, marking a 97% increase since 2014. In contrast, BioCryst's R&D expenses grew by 318% over the same period, peaking at $253 million in 2022. This disparity highlights Eli Lilly's robust commitment to innovation, while BioCryst's rapid growth underscores its strategic focus on targeted advancements. As the pharmaceutical landscape continues to shift, these companies' R&D priorities will play a crucial role in shaping future breakthroughs.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025