__timestamp | CymaBay Therapeutics, Inc. | Geron Corporation |
---|---|---|
Wednesday, January 1, 2014 | 15823000 | 20707000 |
Thursday, January 1, 2015 | 17026000 | 17831000 |
Friday, January 1, 2016 | 15941000 | 18047000 |
Sunday, January 1, 2017 | 18938000 | 11033000 |
Monday, January 1, 2018 | 58124000 | 13432000 |
Tuesday, January 1, 2019 | 83837000 | 52072000 |
Wednesday, January 1, 2020 | 35882000 | 51488000 |
Friday, January 1, 2021 | 64542000 | 85727000 |
Saturday, January 1, 2022 | 67995000 | 95518000 |
Sunday, January 1, 2023 | 80118000 | 125046000 |
In pursuit of knowledge
In the ever-evolving world of biotechnology, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, CymaBay Therapeutics, Inc. and Geron Corporation have demonstrated significant investment in R&D, reflecting their dedication to advancing medical science.
From 2014 to 2023, CymaBay's R&D expenses surged by over 400%, peaking in 2023. This growth underscores their strategic focus on developing novel therapies, particularly in the field of metabolic diseases.
Similarly, Geron Corporation's R&D spending increased by approximately 500% during the same period, with a notable spike in 2023. This investment highlights their commitment to pioneering treatments in oncology.
Both companies have shown resilience and adaptability, navigating the challenges of the biotech industry while prioritizing innovation and patient outcomes.
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