| __timestamp | Amgen Inc. | Dr. Reddy's Laboratories Limited |
|---|---|---|
| Wednesday, January 1, 2014 | 4297000000 | 12402000000 |
| Thursday, January 1, 2015 | 4070000000 | 17449000000 |
| Friday, January 1, 2016 | 3840000000 | 17834000000 |
| Sunday, January 1, 2017 | 3562000000 | 19551000000 |
| Monday, January 1, 2018 | 3737000000 | 18265000000 |
| Tuesday, January 1, 2019 | 4116000000 | 15607000000 |
| Wednesday, January 1, 2020 | 4207000000 | 15410000000 |
| Friday, January 1, 2021 | 4819000000 | 16541000000 |
| Saturday, January 1, 2022 | 4434000000 | 17482000000 |
| Sunday, January 1, 2023 | 4784000000 | 19381000000 |
| Monday, January 1, 2024 | 5964000000 | 22873000000 |
Unleashing insights
In the ever-evolving pharmaceutical landscape, innovation is the lifeblood that fuels growth and competitiveness. Amgen Inc. and Dr. Reddy's Laboratories Limited, two titans in the industry, have demonstrated contrasting approaches to research and development (R&D) spending over the past decade. From 2014 to 2023, Amgen's R&D expenses have shown a steady increase, peaking in 2021 with a 35% rise from 2017. Meanwhile, Dr. Reddy's Laboratories has consistently outpaced Amgen, with R&D spending nearly doubling from 2014 to 2023. This strategic investment underscores Dr. Reddy's commitment to innovation, despite a slight dip in 2019 and 2020. The data reveals a fascinating narrative of how these companies prioritize innovation, with Dr. Reddy's leading the charge in recent years. As we look to the future, the missing data for Amgen in 2024 leaves us curious about their next strategic move.
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