| __timestamp | Amneal Pharmaceuticals, Inc. | Novartis AG |
|---|---|---|
| Wednesday, January 1, 2014 | 106735000 | 9086000000 |
| Thursday, January 1, 2015 | 136870000 | 8935000000 |
| Friday, January 1, 2016 | 204747000 | 9039000000 |
| Sunday, January 1, 2017 | 191938000 | 8972000000 |
| Monday, January 1, 2018 | 210451000 | 9074000000 |
| Tuesday, January 1, 2019 | 202287000 | 9402000000 |
| Wednesday, January 1, 2020 | 190585000 | 8980000000 |
| Friday, January 1, 2021 | 209563000 | 9540000000 |
| Saturday, January 1, 2022 | 200046000 | 9996000000 |
| Sunday, January 1, 2023 | 167778000 | 11371000000 |
| Monday, January 1, 2024 | 10022000000 |
Data in motion
In the ever-evolving pharmaceutical industry, research and development (R&D) is the lifeblood of innovation. Over the past decade, Novartis AG and Amneal Pharmaceuticals, Inc. have demonstrated contrasting approaches to R&D investment. From 2014 to 2023, Novartis consistently allocated a substantial portion of its budget to R&D, peaking in 2023 with an impressive 11.4 billion USD. This represents a 25% increase from its 2014 expenditure, underscoring its commitment to pioneering medical advancements.
Conversely, Amneal Pharmaceuticals, Inc. maintained a more modest R&D budget, with its highest investment reaching approximately 210 million USD in 2018. Despite a 57% increase from 2014, Amneal's R&D spending remains a fraction of Novartis's. This disparity highlights the diverse strategies within the pharmaceutical sector, where larger firms like Novartis can leverage extensive resources to drive innovation, while smaller companies like Amneal focus on niche markets and incremental improvements.
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