__timestamp | Intra-Cellular Therapies, Inc. | Sarepta Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 21226345 | 94231000 |
Thursday, January 1, 2015 | 87718074 | 146394000 |
Friday, January 1, 2016 | 93831530 | 188272000 |
Sunday, January 1, 2017 | 79419009 | 166707000 |
Monday, January 1, 2018 | 132166913 | 401843000 |
Tuesday, January 1, 2019 | 89124838 | 560909000 |
Wednesday, January 1, 2020 | 65782137 | 722343000 |
Friday, January 1, 2021 | 88845513 | 771182000 |
Saturday, January 1, 2022 | 134715000 | 877090000 |
Sunday, January 1, 2023 | 180142000 | 877387000 |
Unveiling the hidden dimensions of data
In the competitive world of biotechnology, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Intra-Cellular Therapies, Inc. and Sarepta Therapeutics, Inc. have demonstrated contrasting strategies in their R&D investments.
From 2014 to 2023, Intra-Cellular Therapies increased its R&D budget by over 750%, peaking at approximately $180 million in 2023. This growth reflects a strategic focus on expanding their pipeline of treatments for central nervous system disorders. Meanwhile, Sarepta Therapeutics, a leader in genetic medicine, consistently outspent its counterpart, with R&D expenses soaring to nearly $880 million by 2023, marking a 930% increase since 2014.
These figures underscore the dynamic nature of the biotech industry, where substantial R&D investments are crucial for breakthroughs in medical science.
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