| __timestamp | ImmunityBio, Inc. | Ionis Pharmaceuticals, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 1595000 | 241751000 |
| Thursday, January 1, 2015 | 11434000 | 322292000 |
| Friday, January 1, 2016 | 26546000 | 344320000 |
| Sunday, January 1, 2017 | 39778000 | 374644000 |
| Monday, January 1, 2018 | 53418000 | 414604000 |
| Tuesday, January 1, 2019 | 111997000 | 466000000 |
| Wednesday, January 1, 2020 | 139507000 | 535000000 |
| Friday, January 1, 2021 | 195958000 | 643000000 |
| Saturday, January 1, 2022 | 248149000 | 833000000 |
| Sunday, January 1, 2023 | 232366000 | 899625000 |
Unlocking the unknown
In the competitive landscape of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Ionis Pharmaceuticals, Inc. and ImmunityBio, Inc. have demonstrated contrasting strategies in their R&D investments.
From 2014 to 2023, Ionis Pharmaceuticals consistently outpaced ImmunityBio in R&D spending, with an average annual investment nearly five times greater. Notably, Ionis's R&D expenses surged by approximately 272% from 2014 to 2023, peaking at nearly $900 million in 2023. In contrast, ImmunityBio's R&D spending grew by an impressive 14,500% over the same period, reflecting its aggressive push into the biotech arena.
This strategic focus on R&D underscores the companies' dedication to pioneering new therapies and maintaining a competitive edge in the rapidly evolving pharmaceutical industry.
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