__timestamp | Bristol-Myers Squibb Company | Exelixis, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 4534000000 | 189101000 |
Thursday, January 1, 2015 | 5920000000 | 96351000 |
Friday, January 1, 2016 | 4940000000 | 95967000 |
Sunday, January 1, 2017 | 6411000000 | 112171000 |
Monday, January 1, 2018 | 6345000000 | 182257000 |
Tuesday, January 1, 2019 | 6148000000 | 336964000 |
Wednesday, January 1, 2020 | 11143000000 | 547851000 |
Friday, January 1, 2021 | 10195000000 | 693716000 |
Saturday, January 1, 2022 | 9509000000 | 891813000 |
Sunday, January 1, 2023 | 9299000000 | 1044071000 |
Monday, January 1, 2024 | 11159000000 | 910408000 |
Unleashing insights
In the competitive world of pharmaceuticals, innovation is key to staying ahead. Bristol-Myers Squibb Company and Exelixis, Inc. have been at the forefront of this race, investing heavily in research and development (R&D) over the past decade. From 2014 to 2023, Bristol-Myers Squibb consistently outpaced Exelixis, with R&D expenses peaking in 2020 at over twice their 2014 levels. In contrast, Exelixis showed a steady increase, culminating in a 2023 investment that was more than five times their 2014 expenditure. This trend highlights Bristol-Myers Squibb's aggressive strategy, with R&D spending averaging around 18 times that of Exelixis annually. As the pharmaceutical landscape evolves, these investments underscore the companies' commitment to pioneering new treatments and maintaining their competitive edge.
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