| __timestamp | Bausch Health Companies Inc. | Pharming Group N.V. |
|---|---|---|
| Wednesday, January 1, 2014 | 246000000 | 14182353 |
| Thursday, January 1, 2015 | 582800000 | 15503028 |
| Friday, January 1, 2016 | 455000000 | 16183585 |
| Sunday, January 1, 2017 | 366000000 | 22382849 |
| Monday, January 1, 2018 | 414000000 | 33038206 |
| Tuesday, January 1, 2019 | 471000000 | 31777040 |
| Wednesday, January 1, 2020 | 452000000 | 41464134 |
| Friday, January 1, 2021 | 465000000 | 67178053 |
| Saturday, January 1, 2022 | 529000000 | 52531000 |
| Sunday, January 1, 2023 | 604000000 | 68914000 |
Unleashing insights
In the competitive world of pharmaceuticals, innovation is key. Over the past decade, Bausch Health Companies Inc. and Pharming Group N.V. have shown contrasting approaches to research and development (R&D) investments. From 2014 to 2023, Bausch Health consistently outspent Pharming Group, with an average annual R&D expenditure nearly 13 times higher. In 2023, Bausch Health's R&D expenses peaked at approximately $604 million, marking a 145% increase from 2014. Meanwhile, Pharming Group's investment grew by nearly 386%, reaching around $69 million in 2023. This disparity highlights Bausch Health's robust commitment to innovation, while Pharming Group's rapid growth in R&D spending signals its rising ambition. As the pharmaceutical landscape evolves, these investment strategies will play a crucial role in shaping the future of healthcare solutions.
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