| __timestamp | Bio-Techne Corporation | Wave Life Sciences Ltd. |
|---|---|---|
| Wednesday, January 1, 2014 | 30945000 | 2395000 |
| Thursday, January 1, 2015 | 40853000 | 9057000 |
| Friday, January 1, 2016 | 45187000 | 40818000 |
| Sunday, January 1, 2017 | 53514000 | 79309000 |
| Monday, January 1, 2018 | 55329000 | 134428000 |
| Tuesday, January 1, 2019 | 62413000 | 175431000 |
| Wednesday, January 1, 2020 | 65192000 | 130944000 |
| Friday, January 1, 2021 | 70603000 | 121875000 |
| Saturday, January 1, 2022 | 87140000 | 115856000 |
| Sunday, January 1, 2023 | 92493000 | 130009000 |
| Monday, January 1, 2024 | 96664000 |
Data in motion
In the dynamic world of biotechnology, research and development (R&D) is the lifeblood of innovation. Bio-Techne Corporation and Wave Life Sciences Ltd. exemplify this commitment, albeit with distinct trajectories. From 2014 to 2023, Bio-Techne's R&D expenses surged by approximately 212%, reflecting a steady annual growth. In contrast, Wave Life Sciences experienced a more volatile journey, with a staggering 5,327% increase from 2014 to 2022, before data for 2024 became unavailable.
Bio-Techne's consistent investment underscores its strategic focus on sustainable growth, while Wave Life Sciences' fluctuating expenses highlight its aggressive pursuit of breakthrough therapies. By 2023, Bio-Techne's R&D spending reached nearly 92 million, while Wave Life Sciences peaked at 130 million in 2022. This comparison not only showcases their financial strategies but also offers a glimpse into the future of biotech innovation.
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