| __timestamp | ADMA Biologics, Inc. | Travere Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 9517014 | 47795223 |
| Thursday, January 1, 2015 | 7015946 | 50426000 |
| Friday, January 1, 2016 | 7688238 | 70853000 |
| Sunday, January 1, 2017 | 6229587 | 78168000 |
| Monday, January 1, 2018 | 3926120 | 123757000 |
| Tuesday, January 1, 2019 | 2343848 | 140963000 |
| Wednesday, January 1, 2020 | 5907013 | 131773000 |
| Friday, January 1, 2021 | 3646060 | 210328000 |
| Saturday, January 1, 2022 | 3613764 | 235780000 |
| Sunday, January 1, 2023 | 3300000 | 244990000 |
Data in motion
In the competitive world of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, ADMA Biologics, Inc. and Travere Therapeutics, Inc. have demonstrated contrasting strategies in their R&D allocations.
ADMA Biologics has shown a fluctuating yet generally declining trend in R&D expenses, with a peak in 2014 and a notable decrease of approximately 65% by 2023. This shift may reflect strategic reallocations or a focus on optimizing existing projects.
Conversely, Travere Therapeutics has consistently increased its R&D investments, with a staggering 412% rise from 2014 to 2023. This robust growth underscores their aggressive pursuit of new therapeutic solutions.
These divergent paths highlight the varied approaches within the biotech sector, where innovation and strategic focus drive future success.
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