Who Prioritizes Innovation? R&D Spending Compared for Perrigo Company plc and ACADIA Pharmaceuticals Inc.

ACADIA leads in R&D spending, outpacing Perrigo by 480%.

__timestampACADIA Pharmaceuticals Inc.Perrigo Company plc
Wednesday, January 1, 201460602000152500000
Thursday, January 1, 201573869000187800000
Friday, January 1, 201699284000184000000
Sunday, January 1, 2017149189000167700000
Monday, January 1, 2018187163000218600000
Tuesday, January 1, 2019240385000187400000
Wednesday, January 1, 2020319130000177700000
Friday, January 1, 2021239415000122000000
Saturday, January 1, 2022361575000123100000
Sunday, January 1, 2023351619000122500000
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In pursuit of knowledge

Innovation in Focus: A Tale of Two Companies

In the ever-evolving landscape of pharmaceuticals, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, ACADIA Pharmaceuticals Inc. has consistently outpaced Perrigo Company plc in R&D investment. From 2014 to 2023, ACADIA's R&D expenses surged by nearly 480%, peaking in 2022 with a remarkable 361 million dollars. In contrast, Perrigo's R&D spending remained relatively stable, with a modest increase of around 43% over the same period, reaching its highest in 2018.

This trend highlights ACADIA's aggressive pursuit of innovation, potentially positioning it as a leader in breakthrough therapies. Meanwhile, Perrigo's steady approach may reflect a focus on optimizing existing products. As the pharmaceutical industry continues to prioritize innovation, these spending patterns offer a glimpse into the strategic priorities of these two companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025