| __timestamp | Eli Lilly and Company | Pfizer Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 4733600000 | 8393000000 |
| Thursday, January 1, 2015 | 4796400000 | 7690000000 |
| Friday, January 1, 2016 | 5243900000 | 7872000000 |
| Sunday, January 1, 2017 | 5281800000 | 7657000000 |
| Monday, January 1, 2018 | 5051200000 | 8006000000 |
| Tuesday, January 1, 2019 | 5595000000 | 8650000000 |
| Wednesday, January 1, 2020 | 6085700000 | 9405000000 |
| Friday, January 1, 2021 | 7025900000 | 13829000000 |
| Saturday, January 1, 2022 | 7190800000 | 11428000000 |
| Sunday, January 1, 2023 | 9313400000 | 10679000000 |
| Monday, January 1, 2024 | 14271000000 | 10930000000 |
Unveiling the hidden dimensions of data
In the competitive world of pharmaceuticals, innovation is key. Over the past decade, Eli Lilly and Pfizer have been at the forefront of research and development (R&D) spending. From 2014 to 2023, Pfizer consistently outpaced Eli Lilly in R&D investment, with an average annual expenditure of approximately $9.4 billion, compared to Eli Lilly's $6 billion. However, Eli Lilly has shown a remarkable growth trajectory, increasing its R&D spending by nearly 97% from 2014 to 2023. In 2023, Eli Lilly's R&D expenses surged to $9.3 billion, closing the gap with Pfizer, which spent $10.7 billion. This trend highlights Eli Lilly's aggressive push towards innovation, potentially reshaping the pharmaceutical landscape. As these giants continue to invest heavily in R&D, the future of medicine looks promising, with new breakthroughs on the horizon.
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