| __timestamp | Dynavax Technologies Corporation | Genmab A/S |
|---|---|---|
| Wednesday, January 1, 2014 | 84580000 | 505679000 |
| Thursday, January 1, 2015 | 86943000 | 487656000 |
| Friday, January 1, 2016 | 84493000 | 660876000 |
| Sunday, January 1, 2017 | 64988000 | 874278000 |
| Monday, January 1, 2018 | 74951000 | 1431159000 |
| Tuesday, January 1, 2019 | 62331000 | 2386000000 |
| Wednesday, January 1, 2020 | 28607000 | 3137000000 |
| Friday, January 1, 2021 | 32228000 | 4181000000 |
| Saturday, January 1, 2022 | 46600000 | 5562000000 |
| Sunday, January 1, 2023 | 54886000 | 7630000000 |
In pursuit of knowledge
In the competitive world of biotechnology, innovation is key. Over the past decade, Genmab A/S and Dynavax Technologies Corporation have been at the forefront, investing heavily in research and development (R&D). From 2014 to 2023, Genmab A/S consistently outpaced Dynavax, with R&D expenses growing from approximately 500 million to 7.6 billion, a staggering 1,420% increase. In contrast, Dynavax's R&D investment peaked at around 87 million in 2015, before stabilizing at about 55 million by 2023. This trend highlights Genmab's commitment to innovation, with its R&D spending increasing by an average of 30% annually. Meanwhile, Dynavax's investment strategy appears more conservative, with a focus on maintaining steady growth. As the biotech industry evolves, these investment patterns may shape the future of medical breakthroughs and market leadership.
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