| __timestamp | Merck & Co., Inc. | Zoetis Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 7180000000 | 396000000 |
| Thursday, January 1, 2015 | 6704000000 | 364000000 |
| Friday, January 1, 2016 | 7194000000 | 376000000 |
| Sunday, January 1, 2017 | 9982000000 | 382000000 |
| Monday, January 1, 2018 | 9752000000 | 432000000 |
| Tuesday, January 1, 2019 | 9872000000 | 457000000 |
| Wednesday, January 1, 2020 | 13397000000 | 463000000 |
| Friday, January 1, 2021 | 12245000000 | 508000000 |
| Saturday, January 1, 2022 | 13548000000 | 539000000 |
| Sunday, January 1, 2023 | 30531000000 | 614000000 |
| Monday, January 1, 2024 | 686000000 |
Unleashing the power of data
In the ever-evolving pharmaceutical landscape, research and development (R&D) is the lifeblood of innovation. Over the past decade, Merck & Co., Inc. and Zoetis Inc. have demonstrated contrasting approaches to R&D investment. From 2014 to 2023, Merck's R&D expenses surged by over 300%, peaking at an impressive $30.5 billion in 2023. This reflects Merck's commitment to pioneering breakthroughs in human health. In contrast, Zoetis, a leader in animal health, maintained a steady R&D growth, with a 55% increase over the same period, reaching $614 million in 2023. This strategic allocation underscores Zoetis's focus on sustainable innovation. The data reveals a fascinating narrative of how these industry titans prioritize their R&D investments, shaping the future of health solutions for both humans and animals.
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