__timestamp | Dr. Reddy's Laboratories Limited | PTC Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 12402000000 | 79838000 |
Thursday, January 1, 2015 | 17449000000 | 121816000 |
Friday, January 1, 2016 | 17834000000 | 117633000 |
Sunday, January 1, 2017 | 19551000000 | 117456000 |
Monday, January 1, 2018 | 18265000000 | 171984000 |
Tuesday, January 1, 2019 | 15607000000 | 257452000 |
Wednesday, January 1, 2020 | 15410000000 | 477643000 |
Friday, January 1, 2021 | 16541000000 | 540684000 |
Saturday, January 1, 2022 | 17482000000 | 651496000 |
Sunday, January 1, 2023 | 19381000000 | 666563000 |
Monday, January 1, 2024 | 22873000000 |
Infusing magic into the data realm
In the competitive world of pharmaceuticals, innovation is key. Dr. Reddy's Laboratories Limited and PTC Therapeutics, 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, Dr. Reddy's consistently outpaced PTC Therapeutics, with R&D expenses averaging nearly 55 times higher. In 2023, Dr. Reddy's R&D spending surged to a remarkable 2.29 trillion, while PTC Therapeutics reached 666 million. This trend highlights Dr. Reddy's commitment to innovation, despite the challenges of the global market. However, PTC Therapeutics has shown significant growth, increasing its R&D investment by over 700% since 2014. As we look to the future, the question remains: will PTC Therapeutics close the gap, or will Dr. Reddy's continue to lead the charge in pharmaceutical innovation?
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