| __timestamp | Corcept Therapeutics Incorporated | Pfizer Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 18372000 | 8393000000 |
| Thursday, January 1, 2015 | 15419000 | 7690000000 |
| Friday, January 1, 2016 | 23844000 | 7872000000 |
| Sunday, January 1, 2017 | 40376000 | 7657000000 |
| Monday, January 1, 2018 | 75247000 | 8006000000 |
| Tuesday, January 1, 2019 | 89017000 | 8650000000 |
| Wednesday, January 1, 2020 | 114764000 | 9405000000 |
| Friday, January 1, 2021 | 113864000 | 13829000000 |
| Saturday, January 1, 2022 | 130991000 | 11428000000 |
| Sunday, January 1, 2023 | 184353000 | 10679000000 |
| Monday, January 1, 2024 | 10930000000 |
In pursuit of knowledge
In the ever-evolving landscape of pharmaceutical innovation, research and development (R&D) spending is a key indicator of a company's commitment to future growth. From 2014 to 2023, Pfizer Inc. and Corcept Therapeutics Incorporated have demonstrated contrasting approaches to R&D investment. Pfizer, a global giant, consistently allocated substantial resources, peaking at approximately $13.8 billion in 2021. This represents a 79% increase from its 2014 spending. In contrast, Corcept Therapeutics, a smaller player, showed a remarkable growth trajectory, with R&D expenses surging by over 900% during the same period, reaching around $184 million in 2023. This stark difference highlights the diverse strategies within the pharmaceutical sector, where both large-scale and niche companies strive to innovate and lead in their respective fields.
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