| __timestamp | Madrigal Pharmaceuticals, Inc. | argenx SE |
|---|---|---|
| Wednesday, January 1, 2014 | 68205000 | 15411924 |
| Thursday, January 1, 2015 | 54218000 | 22593274 |
| Friday, January 1, 2016 | 15934000 | 33173050 |
| Sunday, January 1, 2017 | 24390000 | 62224159 |
| Monday, January 1, 2018 | 25389000 | 95607434 |
| Tuesday, January 1, 2019 | 72324000 | 221269028 |
| Wednesday, January 1, 2020 | 184809000 | 400745069 |
| Friday, January 1, 2021 | 205164000 | 580520000 |
| Saturday, January 1, 2022 | 245441000 | 663366000 |
| Sunday, January 1, 2023 | 271823000 | 755113687 |
Igniting the spark of knowledge
In the competitive world of biotechnology, innovation is the lifeblood of success. Argenx SE and Madrigal Pharmaceuticals, Inc. are two companies that exemplify this drive. Over the past decade, Argenx SE has consistently outpaced Madrigal Pharmaceuticals in research and development (R&D) spending, with a staggering 400% increase from 2014 to 2023. By 2023, Argenx SE's R&D expenses reached approximately 755 million, nearly three times that of Madrigal Pharmaceuticals, which spent around 272 million. This significant investment underscores Argenx SE's commitment to pioneering new treatments and therapies. Meanwhile, Madrigal Pharmaceuticals has also shown a steady increase in R&D spending, reflecting its dedication to innovation. As these companies continue to push the boundaries of medical science, their financial commitment to R&D will likely play a crucial role in shaping the future of healthcare.
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