Deciphera Pharmaceuticals Inc
F:D05
Deciphera Pharmaceuticals Inc
Research & Development
Deciphera Pharmaceuticals Inc
Research & Development Peer Comparison
Competitors Analysis
Latest Figures & CAGR of Competitors
| Company | Research & Development | CAGR 3Y | CAGR 5Y | CAGR 10Y | ||
|---|---|---|---|---|---|---|
|
D
|
Deciphera Pharmaceuticals Inc
F:D05
|
Research & Development
-$237.2m
|
CAGR 3-Years
-5%
|
CAGR 5-Years
-18%
|
CAGR 10-Years
N/A
|
|
|
Abbvie Inc
NYSE:ABBV
|
Research & Development
-$8.8B
|
CAGR 3-Years
-10%
|
CAGR 5-Years
-8%
|
CAGR 10-Years
-8%
|
|
|
Gilead Sciences Inc
NASDAQ:GILD
|
Research & Development
-$5.8B
|
CAGR 3-Years
-2%
|
CAGR 5-Years
-1%
|
CAGR 10-Years
-6%
|
|
|
Amgen Inc
NASDAQ:AMGN
|
Research & Development
-$7.2B
|
CAGR 3-Years
-17%
|
CAGR 5-Years
-11%
|
CAGR 10-Years
-6%
|
|
|
Vertex Pharmaceuticals Inc
NASDAQ:VRTX
|
Research & Development
-$3.9B
|
CAGR 3-Years
-16%
|
CAGR 5-Years
-16%
|
CAGR 10-Years
-16%
|
|
|
Regeneron Pharmaceuticals Inc
NASDAQ:REGN
|
Research & Development
-$5.9B
|
CAGR 3-Years
-18%
|
CAGR 5-Years
-17%
|
CAGR 10-Years
-14%
|
|
Deciphera Pharmaceuticals Inc
Glance View
Deciphera Pharmaceuticals Inc., headquartered in Waltham, Massachusetts, is a biopharmaceutical company that has been striving to rewrite the narrative of cancer treatment through its innovative approach to drug discovery and development. Founded with a mission to tackle unmet medical needs in oncology, Deciphera focuses on harnessing its proprietary technology platform to dissect the intricate biology of cancer. At its core, the company's approach hinges on the design and development of kinase inhibitors—a class of compounds known for their ability to target specific enzymes involved in the growth and proliferation of cancer cells. This precise targeting is intended to disrupt the biochemical pathways that cancer cells rely on, thereby halting their progress and offering new hope to patients who may have exhausted other treatment options. The financial engine of Deciphera revs to life through a combination of product sales, particularly spearheaded by its lead therapeutic, Qinlock (ripretinib). Qinlock, approved for the treatment of advanced gastrointestinal stromal tumors (GIST), represents the culmination of years of diligent research and strategic investment. By securing regulatory green lights and proving clinical efficacy, Deciphera has not only entered the market but also set a robust foundation for revenue generation. Alongside direct sales, the company strategically engages in collaborations and partnerships, which bolster its financial standing and provide a channel for revenue streams through licensing and milestone payments. This dual strategy enables Deciphera to continue reinvesting in research and development, effectively fueling its pipeline of potential therapies aimed at transforming the oncology landscape.
See Also
What is Deciphera Pharmaceuticals Inc's Research & Development?
Research & Development
-237.2m
USD
Based on the financial report for Mar 31, 2024, Deciphera Pharmaceuticals Inc's Research & Development amounts to -237.2m USD.
What is Deciphera Pharmaceuticals Inc's Research & Development growth rate?
Research & Development CAGR 5Y
-18%
Over the last year, the Research & Development growth was -22%. The average annual Research & Development growth rates for Deciphera Pharmaceuticals Inc have been -5% over the past three years , -18% over the past five years .