__timestamp | GSK plc | Protagonist Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 3450000000 | 7459000 |
Thursday, January 1, 2015 | 3560000000 | 11831000 |
Friday, January 1, 2016 | 3628000000 | 25705000 |
Sunday, January 1, 2017 | 4476000000 | 46181000 |
Monday, January 1, 2018 | 3893000000 | 59497000 |
Tuesday, January 1, 2019 | 4568000000 | 65003000 |
Wednesday, January 1, 2020 | 5098000000 | 74506000 |
Friday, January 1, 2021 | 5278000000 | 126006000 |
Saturday, January 1, 2022 | 5488000000 | 126215000 |
Sunday, January 1, 2023 | 6223000000 | 120161000 |
Unleashing insights
In the ever-evolving landscape of pharmaceuticals, research and development (R&D) is the lifeblood of innovation. Over the past decade, GSK plc and Protagonist Therapeutics, Inc. have demonstrated contrasting approaches to R&D investment.
From 2014 to 2023, GSK plc has consistently increased its R&D spending, with a notable 80% rise from 2014 to 2023. This strategic investment underscores GSK's commitment to maintaining its competitive edge in the global market.
In contrast, Protagonist Therapeutics, Inc. has shown a remarkable growth trajectory, with R&D expenses surging by over 1,500% during the same period. This rapid increase highlights the company's aggressive pursuit of innovation and expansion in the biotech sector.
Both companies exemplify the diverse strategies in R&D allocation, reflecting their unique positions and ambitions within the pharmaceutical industry.
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