| __timestamp | Eli Lilly and Company | Travere Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 4733600000 | 47795223 |
| Thursday, January 1, 2015 | 4796400000 | 50426000 |
| Friday, January 1, 2016 | 5243900000 | 70853000 |
| Sunday, January 1, 2017 | 5281800000 | 78168000 |
| Monday, January 1, 2018 | 5051200000 | 123757000 |
| Tuesday, January 1, 2019 | 5595000000 | 140963000 |
| Wednesday, January 1, 2020 | 6085700000 | 131773000 |
| Friday, January 1, 2021 | 7025900000 | 210328000 |
| Saturday, January 1, 2022 | 7190800000 | 235780000 |
| Sunday, January 1, 2023 | 9313400000 | 244990000 |
| Monday, January 1, 2024 | 14271000000 |
Unleashing insights
In the competitive world of pharmaceuticals, innovation is the lifeblood of progress. Eli Lilly and Company and Travere Therapeutics, Inc. are two key players in this arena, each with a distinct approach to research and development (R&D) investment. Over the past decade, Eli Lilly has consistently outpaced Travere Therapeutics in R&D spending, with a staggering 6,900% more investment in 2023 alone. This trend highlights Eli Lilly's commitment to innovation, as their R&D expenses have grown by nearly 97% from 2014 to 2023. In contrast, Travere Therapeutics has shown a more modest increase of approximately 413% over the same period. This disparity underscores the different scales and strategies of these companies, with Eli Lilly leveraging its resources to maintain a competitive edge in the pharmaceutical industry.
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