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

R&D Spending: Regeneron vs. MannKind - A Decade of Innovation

__timestampMannKind CorporationRegeneron Pharmaceuticals, Inc.
Wednesday, January 1, 20141002440001271353000
Thursday, January 1, 2015296740001620577000
Friday, January 1, 2016149170002052295000
Sunday, January 1, 2017141180002075142000
Monday, January 1, 201887370002186100000
Tuesday, January 1, 201969000003036600000
Wednesday, January 1, 202062480002735000000
Friday, January 1, 2021123120002908100000
Saturday, January 1, 2022197210003592500000
Sunday, January 1, 2023312830004439000000
Monday, January 1, 20245132000000
Loading chart...

Cracking the code

Innovation in Pharmaceuticals: A Tale of Two Companies

In the competitive world of pharmaceuticals, innovation is key to staying ahead. Regeneron Pharmaceuticals, Inc. and MannKind Corporation offer a fascinating study in contrasts when it comes to research and development (R&D) spending. Over the past decade, Regeneron has consistently invested heavily in R&D, with expenditures growing from approximately $1.3 billion in 2014 to a staggering $4.4 billion in 2023. This represents a remarkable 250% increase, underscoring their commitment to innovation.

In contrast, MannKind Corporation's R&D spending has been more modest, peaking at around $100 million in 2014 but dropping significantly in subsequent years. By 2023, their R&D expenses were approximately $31 million, a 69% decrease from their peak. This disparity highlights the different strategic priorities of these two companies, with Regeneron clearly prioritizing innovation as a cornerstone of their business strategy.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025