| __timestamp | AbbVie Inc. | Dr. Reddy's Laboratories Limited |
|---|---|---|
| Wednesday, January 1, 2014 | 3297000000 | 12402000000 |
| Thursday, January 1, 2015 | 4285000000 | 17449000000 |
| Friday, January 1, 2016 | 4366000000 | 17834000000 |
| Sunday, January 1, 2017 | 4982000000 | 19551000000 |
| Monday, January 1, 2018 | 10329000000 | 18265000000 |
| Tuesday, January 1, 2019 | 6407000000 | 15607000000 |
| Wednesday, January 1, 2020 | 6557000000 | 15410000000 |
| Friday, January 1, 2021 | 7084000000 | 16541000000 |
| Saturday, January 1, 2022 | 6510000000 | 17482000000 |
| Sunday, January 1, 2023 | 8453000000 | 19381000000 |
| Monday, January 1, 2024 | 12791000000 | 22873000000 |
Unleashing the power of data
In the ever-evolving pharmaceutical industry, innovation is the lifeblood that drives progress and success. Over the past decade, AbbVie Inc. and Dr. Reddy's Laboratories Limited have been at the forefront of this innovation race. From 2014 to 2023, Dr. Reddy's Laboratories consistently outpaced AbbVie in research and development (R&D) spending, investing nearly 50% more on average each year. In 2018, AbbVie made a significant leap, doubling its R&D expenses compared to 2014, yet it still trailed behind Dr. Reddy's. By 2023, Dr. Reddy's had increased its R&D investment by approximately 56% since 2014, reaching a peak in 2024. This trend underscores the company's commitment to pioneering new treatments and technologies. As the data reveals, while both companies are dedicated to innovation, Dr. Reddy's Laboratories has maintained a more aggressive investment strategy in recent years.
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