__timestamp | Amicus Therapeutics, Inc. | AstraZeneca PLC |
---|---|---|
Wednesday, January 1, 2014 | 47624000 | 5579000000 |
Thursday, January 1, 2015 | 76943000 | 5997000000 |
Friday, January 1, 2016 | 104793000 | 5890000000 |
Sunday, January 1, 2017 | 149310000 | 5757000000 |
Monday, January 1, 2018 | 270902000 | 5932000000 |
Tuesday, January 1, 2019 | 286378000 | 5958000000 |
Wednesday, January 1, 2020 | 308443000 | 5991000000 |
Friday, January 1, 2021 | 272049000 | 9736000000 |
Saturday, January 1, 2022 | 276677000 | 9762000000 |
Sunday, January 1, 2023 | 152381000 | 10935000000 |
Monday, January 1, 2024 | 13583000000 |
Data in motion
In the ever-evolving world of pharmaceuticals, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, AstraZeneca PLC and Amicus Therapeutics, Inc. have demonstrated contrasting approaches to R&D investment. From 2014 to 2023, AstraZeneca's R&D expenses surged by approximately 96%, peaking at $10.9 billion in 2023. This reflects their aggressive strategy to maintain a competitive edge in the global market. In contrast, Amicus Therapeutics, a smaller player, increased its R&D spending by over 220% during the same period, reaching $308 million in 2020. Despite the disparity in absolute figures, Amicus's growth rate underscores its dedication to innovation, particularly in niche therapeutic areas. This comparison highlights the diverse strategies within the pharmaceutical industry, where both giants and emerging companies strive to lead in medical advancements.
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