| __timestamp | Biogen Inc. | Viking Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 1893422000 | 22223073 |
| Thursday, January 1, 2015 | 2012800000 | 6966842 |
| Friday, January 1, 2016 | 1973300000 | 9000499 |
| Sunday, January 1, 2017 | 2253600000 | 13741186 |
| Monday, January 1, 2018 | 2597200000 | 19040000 |
| Tuesday, January 1, 2019 | 2280600000 | 23559000 |
| Wednesday, January 1, 2020 | 3990900000 | 31931000 |
| Friday, January 1, 2021 | 2501200000 | 44981000 |
| Saturday, January 1, 2022 | 2231100000 | 54234000 |
| Sunday, January 1, 2023 | 2702600000 | 63806000 |
In pursuit of knowledge
In the competitive world of biotechnology, innovation is the key to staying ahead. Biogen Inc. and Viking Therapeutics, Inc. are two companies that have consistently invested in research and development (R&D) to drive their growth. Over the past decade, Biogen has demonstrated a robust commitment to innovation, with R&D expenses peaking in 2020 at nearly double their 2014 levels. In contrast, Viking Therapeutics, while smaller in scale, has shown a steady increase in R&D spending, growing by approximately 187% from 2014 to 2023.
Biogen's R&D investment in 2023 was about 42 times greater than that of Viking Therapeutics, highlighting the scale of its operations. However, Viking's rapid growth in R&D spending reflects its ambition to expand its footprint in the biotech industry. As these companies continue to innovate, their investments in R&D will be crucial in shaping their future trajectories.
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