__timestamp | Jazz Pharmaceuticals plc | TG Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 85181000 | 31354781 |
Thursday, January 1, 2015 | 135253000 | 43445817 |
Friday, January 1, 2016 | 162297000 | 66489820 |
Sunday, January 1, 2017 | 198442000 | 96886134 |
Monday, January 1, 2018 | 226616000 | 153793000 |
Tuesday, January 1, 2019 | 299726000 | 148369000 |
Wednesday, January 1, 2020 | 335375000 | 151934000 |
Friday, January 1, 2021 | 505748000 | 198532000 |
Saturday, January 1, 2022 | 590453000 | 112128000 |
Sunday, January 1, 2023 | 849658000 | 76192000 |
In pursuit of knowledge
In the competitive world of biopharmaceuticals, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Jazz Pharmaceuticals plc and TG Therapeutics, Inc. have shown distinct strategies in their R&D allocations over the past decade. From 2014 to 2023, Jazz Pharmaceuticals increased its R&D expenses by nearly 900%, peaking in 2023. This surge underscores their aggressive pursuit of new therapies and market expansion. In contrast, TG Therapeutics, Inc. exhibited a more modest growth in R&D spending, with a peak in 2021, reflecting a focused yet cautious approach. By 2023, Jazz Pharmaceuticals' R&D expenses were over 11 times higher than TG Therapeutics, highlighting their divergent paths in the biopharma landscape. This data not only reveals spending trends but also offers insights into each company's strategic priorities and market positioning.
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