How has Regeneron's R&D spending evolved since 2022?

Regeneron's Research and Development (R&D) spending has demonstrated a consistent upward trajectory since 2022, with the company's commitment to innovation and product development evident in the cumulative figures: 1. **Growth Trend**: The R&D expenses for Regeneron increased from $1.1 billion at the end of Q1 2023 to $3.26 billion by the end of Q3 2023. This indicates a significant upward trend in the company's investment in R&D activities. 2. **Consistency**: The growth has been consistent across all quarters, with no significant fluctuations or downturns in the R&D spending. This suggests that Regeneron's management has maintained a strong focus on innovation and product development. 3. **Magnitude**: The magnitude of the increase is substantial, with the R&D expenses nearly tripling from the end of Q1 2023 to the end of Q3 2023. This level of investment is indicative of Regeneron's confidence in its ability to develop new products and technologies. |code|Ticker|Name|Date|R&D Expenses|R&D Expenses YoY|market_code| |---|---|---|---|---|---|---| |REGN|REGN.O|Regeneron|2022 Q1|8.438E8|13.581908736034459|185| |REGN|REGN.O|Regeneron|2022 Q2|7.943E8|11.21534584150098|185| |REGN|REGN.O|Regeneron|2022 Q3|9.113E8|36.955214908325814|185| |REGN|REGN.O|Regeneron|2022 Q4|1.0431E9|41.418112798264644|185| |REGN|REGN.O|Regeneron|2023 Q1|1.1012E9|30.50485897132022|185| |REGN|REGN.O|Regeneron|2023 Q2|1.0853E9|36.63603172604809|185| |REGN|REGN.O|Regeneron|2023 Q3|1.0753E9|17.99626906616921|185| |REGN|REGN.O|Regeneron|2023 Q4|1.1772E9|12.855910267471959|185| |REGN|REGN.O|Regeneron|2024 Q1|1.2484E9|13.367235742826008|185| |REGN|REGN.O|Regeneron|2024 Q2|1.2E9|10.56850640375933|185|