Who Prioritizes Innovation? R&D Spending Compared for Exelixis, Inc. and ACADIA Pharmaceuticals Inc.

Biotech R&D: Exelixis vs. ACADIA's Innovation Strategies

__timestampACADIA Pharmaceuticals Inc.Exelixis, Inc.
Wednesday, January 1, 201460602000189101000
Thursday, January 1, 20157386900096351000
Friday, January 1, 20169928400095967000
Sunday, January 1, 2017149189000112171000
Monday, January 1, 2018187163000182257000
Tuesday, January 1, 2019240385000336964000
Wednesday, January 1, 2020319130000547851000
Friday, January 1, 2021239415000693716000
Saturday, January 1, 2022361575000891813000
Sunday, January 1, 20233516190001044071000
Monday, January 1, 2024910408000
Loading chart...

Unleashing insights

Innovation in Biotech: A Comparative Analysis

In the competitive world of biotechnology, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Exelixis, Inc. and ACADIA Pharmaceuticals Inc. have demonstrated contrasting approaches to R&D investment. From 2014 to 2023, Exelixis, Inc. consistently outspent ACADIA Pharmaceuticals Inc., with a notable peak in 2023 where Exelixis invested nearly three times more in R&D. This trend highlights Exelixis's aggressive strategy to maintain a competitive edge through innovation. Meanwhile, ACADIA Pharmaceuticals has shown a steady increase in R&D spending, with a significant 500% growth from 2014 to 2023. This suggests a strategic shift towards innovation, albeit at a more conservative pace. As the biotech industry continues to evolve, these spending patterns may influence future breakthroughs and market positions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025