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

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

__timestampNovavax, Inc.Regeneron Pharmaceuticals, Inc.
Wednesday, January 1, 2014794350001271353000
Thursday, January 1, 20151626440001620577000
Friday, January 1, 20162379390002052295000
Sunday, January 1, 20171684350002075142000
Monday, January 1, 20181737970002186100000
Tuesday, January 1, 20191138420003036600000
Wednesday, January 1, 20207470270002735000000
Friday, January 1, 202125345080002908100000
Saturday, January 1, 202212352780003592500000
Sunday, January 1, 20237375020004439000000
Monday, January 1, 20245132000000
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Innovation in Pharmaceuticals: A Comparative Analysis

In the ever-evolving pharmaceutical industry, innovation is the key to staying ahead. Regeneron Pharmaceuticals, Inc. and Novavax, Inc. have been at the forefront of this race, investing heavily in research and development (R&D) over the past decade. From 2014 to 2023, Regeneron consistently outspent Novavax, with R&D expenses peaking at approximately $4.4 billion in 2023, a 250% increase from 2014. In contrast, Novavax's R&D spending saw a dramatic rise in 2021, reaching its highest at around $2.5 billion, a staggering 3,100% increase from 2014. This surge reflects Novavax's aggressive push in vaccine development, especially during the COVID-19 pandemic. While Regeneron's steady investment underscores its commitment to long-term innovation, Novavax's recent spike highlights its strategic pivot in response to global health challenges. This comparison underscores the diverse strategies companies employ to prioritize innovation in a competitive landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025