| __timestamp | AbbVie Inc. | Dr. Reddy's Laboratories Limited |
|---|---|---|
| Wednesday, January 1, 2014 | 15534000000 | 75801000000 |
| Thursday, January 1, 2015 | 18359000000 | 85403000000 |
| Friday, January 1, 2016 | 19805000000 | 92281000000 |
| Sunday, January 1, 2017 | 21176000000 | 78356000000 |
| Monday, January 1, 2018 | 25035000000 | 76304000000 |
| Tuesday, January 1, 2019 | 25827000000 | 83430000000 |
| Wednesday, January 1, 2020 | 30417000000 | 94009000000 |
| Friday, January 1, 2021 | 38751000000 | 103077000000 |
| Saturday, January 1, 2022 | 40640000000 | 113840000000 |
| Sunday, January 1, 2023 | 33903000000 | 202972000000 |
| Monday, January 1, 2024 | 0 | 163607000000 |
Data in motion
In the ever-evolving pharmaceutical industry, the battle for market dominance is fierce. Over the past decade, AbbVie Inc. and Dr. Reddy's Laboratories Limited have showcased contrasting trajectories in their gross profit margins. From 2014 to 2023, AbbVie Inc. saw a steady rise, peaking in 2022 with a 162% increase from its 2014 figures. However, 2023 marked a decline, with profits dropping by 17% from the previous year. In contrast, Dr. Reddy's Laboratories Limited demonstrated a robust growth pattern, with a staggering 168% increase in gross profit from 2014 to 2023. Notably, 2023 was a landmark year for Dr. Reddy's, with profits soaring to unprecedented heights, nearly doubling since 2021. This data underscores the dynamic nature of the pharmaceutical sector, where strategic decisions and market conditions can significantly impact financial outcomes.
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