| __timestamp | Madrigal Pharmaceuticals, Inc. | Viking Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 68205000 | 22223073 |
| Thursday, January 1, 2015 | 54218000 | 6966842 |
| Friday, January 1, 2016 | 15934000 | 9000499 |
| Sunday, January 1, 2017 | 24390000 | 13741186 |
| Monday, January 1, 2018 | 25389000 | 19040000 |
| Tuesday, January 1, 2019 | 72324000 | 23559000 |
| Wednesday, January 1, 2020 | 184809000 | 31931000 |
| Friday, January 1, 2021 | 205164000 | 44981000 |
| Saturday, January 1, 2022 | 245441000 | 54234000 |
| Sunday, January 1, 2023 | 271823000 | 63806000 |
Infusing magic into the data realm
In the competitive world of biotechnology, innovation is the lifeblood of success. Madrigal Pharmaceuticals, Inc. and Viking Therapeutics, Inc. are two companies that have consistently invested in research and development (R&D) to drive their growth. Over the past decade, Madrigal Pharmaceuticals has shown a remarkable commitment to innovation, with R&D expenses increasing by over 300% from 2014 to 2023. In 2023 alone, Madrigal's R&D spending reached nearly 73% more than Viking's, highlighting their aggressive pursuit of new therapies.
Viking Therapeutics, while spending less than Madrigal, has also steadily increased its R&D investment, growing by approximately 187% over the same period. This strategic focus on innovation underscores the importance of R&D in the biotech industry, where breakthroughs can lead to significant advancements in healthcare. As these companies continue to invest in their futures, the potential for groundbreaking discoveries remains high.
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