| __timestamp | Grifols, S.A. | MannKind Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 180753000 | 100244000 |
| Thursday, January 1, 2015 | 224193000 | 29674000 |
| Friday, January 1, 2016 | 197617000 | 14917000 |
| Sunday, January 1, 2017 | 288320000 | 14118000 |
| Monday, January 1, 2018 | 240661000 | 8737000 |
| Tuesday, January 1, 2019 | 276018000 | 6900000 |
| Wednesday, January 1, 2020 | 294216000 | 6248000 |
| Friday, January 1, 2021 | 354881000 | 12312000 |
| Saturday, January 1, 2022 | 361140000 | 19721000 |
| Sunday, January 1, 2023 | 330551000 | 31283000 |
Igniting the spark of knowledge
In the competitive landscape of the pharmaceutical industry, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Grifols, S.A. has consistently outpaced MannKind Corporation in R&D investment. From 2014 to 2023, Grifols increased its R&D spending by approximately 83%, peaking in 2022. In contrast, MannKind's R&D expenses fluctuated, with a notable decline of around 69% from 2014 to 2019, before a modest recovery in recent years.
This strategic focus on R&D by Grifols underscores its dedication to advancing medical solutions, while MannKind's variable investment reflects a more cautious approach. As the industry evolves, these spending patterns may influence each company's ability to innovate and capture market share. Understanding these trends provides valuable insights into the strategic priorities of these pharmaceutical giants.
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