__timestamp | Amneal Pharmaceuticals, Inc. | Biogen Inc. |
---|---|---|
Wednesday, January 1, 2014 | 106735000 | 1893422000 |
Thursday, January 1, 2015 | 136870000 | 2012800000 |
Friday, January 1, 2016 | 204747000 | 1973300000 |
Sunday, January 1, 2017 | 191938000 | 2253600000 |
Monday, January 1, 2018 | 210451000 | 2597200000 |
Tuesday, January 1, 2019 | 202287000 | 2280600000 |
Wednesday, January 1, 2020 | 190585000 | 3990900000 |
Friday, January 1, 2021 | 209563000 | 2501200000 |
Saturday, January 1, 2022 | 200046000 | 2231100000 |
Sunday, January 1, 2023 | 167778000 | 2702600000 |
In pursuit of knowledge
In the competitive world of pharmaceuticals, research and development (R&D) spending is a key indicator of innovation and future growth. Over the past decade, Biogen Inc. and Amneal Pharmaceuticals, Inc. have taken distinct paths in their R&D investments.
Biogen, a leader in biotechnology, has consistently outpaced Amneal in R&D spending. In 2020, Biogen's R&D expenses peaked at nearly $4 billion, a staggering 20 times more than Amneal's $191 million. This trend highlights Biogen's commitment to pioneering new treatments and therapies.
Conversely, Amneal, known for its generic and specialty pharmaceuticals, has maintained a more conservative R&D budget, averaging around $182 million annually. Despite this, Amneal's strategic focus on cost-effective drug development has allowed it to remain competitive.
As we look to the future, these spending patterns may shape the landscape of pharmaceutical innovation, with Biogen leading the charge in groundbreaking research.
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Comparison of R&D Expenses for Pfizer and AstraZeneca in 2023
Comparison of Average SG&A Expense Ratio for AstraZeneca, Pfizer, and GlaxoSmithKline Over the Years
Comparison of Average SG&A Expense Ratio for AstraZeneca, Pfizer, and GlaxoSmithKline Over the Years
Number of Employees for Top 10 Healthcare Companies
Number of Employees for Top 10 Pharma Companies
Average Market Capitalization of Abbvie Annually
5 Year Trend in Market Capitalization for AbbVie
5 Year Trend in Average Market Capitalization for AbbVie
Comparison of Net Income Margin for Glaxosmithkline, AstraZeneca, Takeda, and Eli Lilly Over the Last 8 Quarters