__timestamp | Amicus Therapeutics, Inc. | Dr. Reddy's Laboratories Limited |
---|---|---|
Wednesday, January 1, 2014 | 47624000 | 12402000000 |
Thursday, January 1, 2015 | 76943000 | 17449000000 |
Friday, January 1, 2016 | 104793000 | 17834000000 |
Sunday, January 1, 2017 | 149310000 | 19551000000 |
Monday, January 1, 2018 | 270902000 | 18265000000 |
Tuesday, January 1, 2019 | 286378000 | 15607000000 |
Wednesday, January 1, 2020 | 308443000 | 15410000000 |
Friday, January 1, 2021 | 272049000 | 16541000000 |
Saturday, January 1, 2022 | 276677000 | 17482000000 |
Sunday, January 1, 2023 | 152381000 | 19381000000 |
Monday, January 1, 2024 | 22873000000 |
In pursuit of knowledge
In the ever-evolving pharmaceutical landscape, research and development (R&D) budgets are a testament to a company's commitment to innovation. Over the past decade, Dr. Reddy's Laboratories Limited and Amicus Therapeutics, Inc. have showcased contrasting R&D strategies. Dr. Reddy's, a stalwart in the industry, consistently allocated substantial resources, with R&D expenses peaking at approximately $19.4 billion in 2023, marking a 56% increase from 2014. In contrast, Amicus Therapeutics, a nimble biotech firm, saw its R&D spending grow by over 500% from 2014 to 2020, reaching a high of $308 million. However, 2023 witnessed a notable dip in Amicus's R&D budget, highlighting potential strategic shifts or market challenges. This analysis underscores the diverse approaches companies take in their quest for medical breakthroughs, reflecting their unique market positions and growth trajectories.
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