__timestamp | Eli Lilly and Company | Galapagos NV |
---|---|---|
Wednesday, January 1, 2014 | 4733600000 | 111110000 |
Thursday, January 1, 2015 | 4796400000 | 129714000 |
Friday, January 1, 2016 | 5243900000 | 139574000 |
Sunday, January 1, 2017 | 5281800000 | 218502000 |
Monday, January 1, 2018 | 5051200000 | 322876000 |
Tuesday, January 1, 2019 | 5595000000 | 427320000 |
Wednesday, January 1, 2020 | 6085700000 | 523667000 |
Friday, January 1, 2021 | 7025900000 | 491707000 |
Saturday, January 1, 2022 | 7190800000 | 515083000 |
Sunday, January 1, 2023 | 9313400000 | 241294000 |
Monday, January 1, 2024 | 14271000000 |
Unveiling the hidden dimensions of data
In the ever-evolving pharmaceutical landscape, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Eli Lilly and Company has consistently outpaced Galapagos NV in R&D investment. From 2014 to 2023, Eli Lilly's R&D expenses surged by nearly 97%, peaking in 2023 with a staggering $9.3 billion. In contrast, Galapagos NV's R&D spending showed a more modest growth, with a peak in 2020 at approximately $523 million, before declining to $241 million in 2023.
This stark contrast highlights Eli Lilly's aggressive strategy in pioneering new treatments and therapies, while Galapagos NV adopts a more conservative approach. As the pharmaceutical industry continues to face challenges and opportunities, these spending patterns offer a glimpse into the strategic priorities of these two companies.
Analyzing R&D Budgets: Eli Lilly and Company vs Gilead Sciences, Inc.
Research and Development: Comparing Key Metrics for Eli Lilly and Company and Incyte Corporation
R&D Insights: How Eli Lilly and Company and Exelixis, Inc. Allocate Funds
Research and Development Expenses Breakdown: Eli Lilly and Company vs Viking Therapeutics, Inc.
Operational Costs Compared: SG&A Analysis of Eli Lilly and Company and Galapagos NV
Eli Lilly and Company or Travere Therapeutics, Inc.: Who Invests More in Innovation?
Who Prioritizes Innovation? R&D Spending Compared for Novo Nordisk A/S and Galapagos NV
Comparing Innovation Spending: Merck & Co., Inc. and Galapagos NV
Vertex Pharmaceuticals Incorporated or Galapagos NV: Who Invests More in Innovation?
R&D Spending Showdown: Corcept Therapeutics Incorporated vs Galapagos NV
Who Prioritizes Innovation? R&D Spending Compared for Agios Pharmaceuticals, Inc. and Galapagos NV
MannKind Corporation vs Galapagos NV: Strategic Focus on R&D Spending