Who Prioritizes Innovation? R&D Spending Compared for Teva Pharmaceutical Industries Limited and Viking Therapeutics, Inc.

Teva vs. Viking: A Decade of R&D Spending Trends

__timestampTeva Pharmaceutical Industries LimitedViking Therapeutics, Inc.
Wednesday, January 1, 2014148800000022223073
Thursday, January 1, 201515250000006966842
Friday, January 1, 201621110000009000499
Sunday, January 1, 2017184800000013741186
Monday, January 1, 2018121300000019040000
Tuesday, January 1, 2019101000000023559000
Wednesday, January 1, 202099700000031931000
Friday, January 1, 202196700000044981000
Saturday, January 1, 202283800000054234000
Sunday, January 1, 202395300000063806000
Monday, January 1, 2024998000000
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Unlocking the unknown

Innovation in Pharmaceuticals: A Tale of Two Companies

In the competitive world of pharmaceuticals, innovation is key to staying ahead. Teva Pharmaceutical Industries Limited and Viking Therapeutics, Inc. offer a fascinating contrast in their approach to research and development (R&D) spending over the past decade. From 2014 to 2023, Teva's R&D expenses have seen a significant decline of approximately 36%, from a peak in 2016. In contrast, Viking Therapeutics has steadily increased its R&D investment by nearly 187% over the same period. This divergence highlights Teva's strategic shift amidst industry challenges, while Viking's growing investment underscores its commitment to innovation. As the pharmaceutical landscape evolves, these spending patterns may influence their future market positions and product pipelines.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025