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

Biotech R&D: Neurocrine vs. TG Therapeutics

__timestampNeurocrine Biosciences, Inc.TG Therapeutics, Inc.
Wednesday, January 1, 20144642500031354781
Thursday, January 1, 20158149100043445817
Friday, January 1, 20169429100066489820
Sunday, January 1, 201712182700096886134
Monday, January 1, 2018160524000153793000
Tuesday, January 1, 2019200000000148369000
Wednesday, January 1, 2020275000000151934000
Friday, January 1, 2021328100000198532000
Saturday, January 1, 2022463800000112128000
Sunday, January 1, 202356500000076192000
Monday, January 1, 2024731100000
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Data in motion

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, Neurocrine Biosciences, Inc. and TG Therapeutics, Inc. have demonstrated contrasting approaches to R&D investment. From 2014 to 2023, Neurocrine Biosciences increased its R&D spending by over 1,100%, peaking at $565 million in 2023. This substantial growth underscores their aggressive pursuit of new therapies and technologies. In contrast, TG Therapeutics, Inc. showed a more modest increase of approximately 143% over the same period, with a peak expenditure of $199 million in 2021. This divergence highlights different strategic priorities, with Neurocrine focusing heavily on innovation, while TG Therapeutics maintains a more conservative approach. As the biotech landscape evolves, these investment strategies will likely shape the future trajectories of these companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025