| __timestamp | Amneal Pharmaceuticals, Inc. | Veracyte, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 106735000 | 9804000 |
| Thursday, January 1, 2015 | 136870000 | 12796000 |
| Friday, January 1, 2016 | 204747000 | 15324000 |
| Sunday, January 1, 2017 | 191938000 | 13881000 |
| Monday, January 1, 2018 | 210451000 | 14820000 |
| Tuesday, January 1, 2019 | 202287000 | 14851000 |
| Wednesday, January 1, 2020 | 190585000 | 17204000 |
| Friday, January 1, 2021 | 209563000 | 29843000 |
| Saturday, January 1, 2022 | 200046000 | 40603000 |
| Sunday, January 1, 2023 | 167778000 | 57305000 |
In pursuit of knowledge
In the ever-evolving landscape of pharmaceuticals, research and development (R&D) is the lifeblood of innovation. Over the past decade, Amneal Pharmaceuticals, Inc. and Veracyte, Inc. have demonstrated contrasting strategies in their R&D investments. Amneal's R&D expenses have consistently been higher, peaking in 2018 with a 97% increase from 2014. In contrast, Veracyte's R&D spending, while lower, has shown a remarkable growth trajectory, surging by over 480% from 2014 to 2023. This divergence highlights Amneal's steady commitment to R&D, while Veracyte's aggressive scaling reflects its dynamic approach to innovation. As we look to the future, these trends underscore the critical role of strategic R&D investment in driving pharmaceutical advancements.
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