Who Prioritizes Innovation? R&D Spending Compared for Johnson & Johnson and Regeneron Pharmaceuticals, Inc.

Comparing R&D priorities: Johnson & Johnson vs. Regeneron

__timestampJohnson & JohnsonRegeneron Pharmaceuticals, Inc.
Wednesday, January 1, 201484940000001271353000
Thursday, January 1, 201590460000001620577000
Friday, January 1, 201690950000002052295000
Sunday, January 1, 2017105540000002075142000
Monday, January 1, 2018107750000002186100000
Tuesday, January 1, 2019113550000003036600000
Wednesday, January 1, 2020123400000002735000000
Friday, January 1, 2021142770000002908100000
Saturday, January 1, 2022141350000003592500000
Sunday, January 1, 2023150480000004439000000
Monday, January 1, 2024172320000005132000000
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Igniting the spark of knowledge

Innovation in Pharmaceuticals: A Comparative Analysis

In the ever-evolving world of pharmaceuticals, innovation is key to staying ahead. Over the past decade, Johnson & Johnson and Regeneron Pharmaceuticals, Inc. have demonstrated their commitment to research and development (R&D) with significant investments. From 2014 to 2023, Johnson & Johnson consistently allocated a substantial portion of their budget to R&D, with a notable increase of approximately 77% over the period. In 2023, their R&D spending reached a peak, highlighting their dedication to pioneering healthcare solutions.

Regeneron Pharmaceuticals, Inc., while smaller in scale, has shown remarkable growth in R&D investment, with a staggering 250% increase from 2014 to 2023. This surge underscores their aggressive pursuit of innovation, particularly in biotechnology. As these two giants continue to prioritize R&D, the pharmaceutical landscape is set for groundbreaking advancements, promising a future of enhanced healthcare solutions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025