Who Prioritizes Innovation? R&D Spending Compared for Zoetis Inc. and Halozyme Therapeutics, Inc.

Zoetis vs. Halozyme: R&D Spending Showdown

__timestampHalozyme Therapeutics, Inc.Zoetis Inc.
Wednesday, January 1, 201479696000396000000
Thursday, January 1, 201593236000364000000
Friday, January 1, 2016150842000376000000
Sunday, January 1, 2017150643000382000000
Monday, January 1, 2018150252000432000000
Tuesday, January 1, 2019140804000457000000
Wednesday, January 1, 202034236000463000000
Friday, January 1, 202135672000508000000
Saturday, January 1, 202266607000539000000
Sunday, January 1, 202376363000614000000
Monday, January 1, 202479048000686000000
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Data in motion

Innovation in Focus: A Comparative Analysis of R&D Spending

In the ever-evolving landscape of pharmaceuticals, innovation is the key to staying ahead. Zoetis Inc. and Halozyme Therapeutics, Inc. are two prominent players, each with a distinct approach to research and development (R&D) spending. Over the past decade, Zoetis has consistently outpaced Halozyme in R&D investment, with expenditures peaking at approximately 614 million in 2023, a 55% increase from 2014. In contrast, Halozyme's R&D spending has been more volatile, reaching its highest point in 2016 at around 151 million, before dipping significantly in subsequent years. This disparity highlights Zoetis's commitment to innovation, investing nearly four times more than Halozyme on average. As the pharmaceutical industry continues to prioritize groundbreaking research, understanding these spending patterns offers valuable insights into each company's strategic priorities and potential for future growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025