| __timestamp | Dynavax Technologies Corporation | Galapagos NV |
|---|---|---|
| Wednesday, January 1, 2014 | 84580000 | 111110000 |
| Thursday, January 1, 2015 | 86943000 | 129714000 |
| Friday, January 1, 2016 | 84493000 | 139574000 |
| Sunday, January 1, 2017 | 64988000 | 218502000 |
| Monday, January 1, 2018 | 74951000 | 322876000 |
| Tuesday, January 1, 2019 | 62331000 | 427320000 |
| Wednesday, January 1, 2020 | 28607000 | 523667000 |
| Friday, January 1, 2021 | 32228000 | 491707000 |
| Saturday, January 1, 2022 | 46600000 | 515083000 |
| Sunday, January 1, 2023 | 54886000 | 241294000 |
Unleashing insights
In the competitive world of biotechnology, innovation is the lifeblood of success. Over the past decade, Dynavax Technologies Corporation and Galapagos NV have been at the forefront of this race, each investing heavily in research and development (R&D). From 2014 to 2023, Galapagos NV consistently outpaced Dynavax, with R&D expenses peaking at over 500% higher than Dynavax's lowest investment year. Notably, in 2020, Galapagos NV's R&D spending reached its zenith, more than doubling Dynavax's expenditure. However, Dynavax showed resilience, increasing its R&D investment by nearly 92% from its lowest point in 2020 to 2023. This strategic focus on innovation underscores the dynamic nature of the biotech industry, where companies must continuously adapt and invest to maintain a competitive edge.
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