__timestamp | Alpine Immune Sciences, Inc. | Intra-Cellular Therapies, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 12199547 | 21226345 |
Thursday, January 1, 2015 | 16054000 | 87718074 |
Friday, January 1, 2016 | 23316000 | 93831530 |
Sunday, January 1, 2017 | 10626000 | 79419009 |
Monday, January 1, 2018 | 28970000 | 132166913 |
Tuesday, January 1, 2019 | 35847000 | 89124838 |
Wednesday, January 1, 2020 | 27185000 | 65782137 |
Friday, January 1, 2021 | 58742000 | 88845513 |
Saturday, January 1, 2022 | 70243000 | 134715000 |
Sunday, January 1, 2023 | 80904000 | 180142000 |
Infusing magic into the data realm
In the dynamic world of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Intra-Cellular Therapies, Inc. and Alpine Immune Sciences, Inc. have demonstrated distinct strategies in their R&D allocations. From 2014 to 2023, Intra-Cellular Therapies consistently outpaced Alpine Immune Sciences, with an average annual R&D expenditure nearly three times higher. Notably, in 2023, Intra-Cellular Therapies allocated approximately 180% more to R&D than Alpine Immune Sciences, reflecting a robust focus on advancing their therapeutic pipeline. Meanwhile, Alpine Immune Sciences showed a steady increase in R&D spending, culminating in a 560% rise from 2014 to 2023. This trend underscores the growing emphasis on innovation within the biotech sector, as both companies strive to develop groundbreaking treatments. Such financial commitments highlight the pivotal role of R&D in driving future growth and success in the industry.
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