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

R&D Spending: Regeneron vs. Biogen Over a Decade

__timestampBiogen Inc.Regeneron Pharmaceuticals, Inc.
Wednesday, January 1, 201418934220001271353000
Thursday, January 1, 201520128000001620577000
Friday, January 1, 201619733000002052295000
Sunday, January 1, 201722536000002075142000
Monday, January 1, 201825972000002186100000
Tuesday, January 1, 201922806000003036600000
Wednesday, January 1, 202039909000002735000000
Friday, January 1, 202125012000002908100000
Saturday, January 1, 202222311000003592500000
Sunday, January 1, 202327026000004439000000
Monday, January 1, 202420418000005132000000
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Igniting the spark of knowledge

Innovation in Pharmaceuticals: A Decade of R&D Investment

In the competitive world of pharmaceuticals, innovation is key to staying ahead. Over the past decade, Regeneron Pharmaceuticals, Inc. and Biogen Inc. have demonstrated their commitment to research and development (R&D) with significant investments. From 2014 to 2023, Regeneron increased its R&D spending by approximately 250%, peaking at $4.4 billion in 2023. In contrast, Biogen's R&D expenditure grew by about 43% over the same period, reaching $2.7 billion in 2023.

A Tale of Two Innovators

While both companies have shown dedication to innovation, Regeneron's aggressive investment strategy has positioned it as a leader in the field. This trend highlights the company's focus on pioneering new treatments and therapies. As the pharmaceutical landscape evolves, these investments will likely play a crucial role in shaping the future of healthcare.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025