Who Prioritizes Innovation? R&D Spending Compared for Takeda Pharmaceutical Company Limited and Corcept Therapeutics Incorporated

Takeda vs. Corcept: A Decade of R&D Investment

__timestampCorcept Therapeutics IncorporatedTakeda Pharmaceutical Company Limited
Wednesday, January 1, 201418372000382096000000
Thursday, January 1, 201515419000345927000000
Friday, January 1, 201623844000312303000000
Sunday, January 1, 201740376000325441000000
Monday, January 1, 201875247000368298000000
Tuesday, January 1, 201989017000492381000000
Wednesday, January 1, 2020114764000455833000000
Friday, January 1, 2021113864000526087000000
Saturday, January 1, 2022130991000633325000000
Sunday, January 1, 2023184353000729924000000
Monday, January 1, 2024729924000000
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Unleashing insights

Innovation in Pharmaceuticals: A Comparative Analysis

In the ever-evolving world of pharmaceuticals, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Takeda Pharmaceutical Company Limited and Corcept Therapeutics Incorporated have demonstrated contrasting approaches to R&D investment.

From 2014 to 2023, Takeda's R&D expenses have consistently dwarfed those of Corcept, with Takeda's spending peaking at approximately 730 billion yen in 2023, a staggering 4,000 times more than Corcept's highest expenditure in the same period. This significant difference highlights Takeda's robust focus on innovation, likely driven by its expansive global operations and diverse product pipeline.

Corcept, on the other hand, has shown a steady increase in R&D spending, growing by over 900% from 2014 to 2023. This growth reflects Corcept's strategic focus on niche markets and targeted therapies, underscoring its commitment to innovation within its specialized field.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025