| __timestamp | Dr. Reddy's Laboratories Limited | Verona Pharma plc |
|---|---|---|
| Wednesday, January 1, 2014 | 12402000000 | 4101058 |
| Thursday, January 1, 2015 | 17449000000 | 10763215 |
| Friday, January 1, 2016 | 17834000000 | 5579049 |
| Sunday, January 1, 2017 | 19551000000 | 32051299 |
| Monday, January 1, 2018 | 18265000000 | 24482286 |
| Tuesday, January 1, 2019 | 15607000000 | 43892589 |
| Wednesday, January 1, 2020 | 15410000000 | 44505000 |
| Friday, January 1, 2021 | 16541000000 | 79406000 |
| Saturday, January 1, 2022 | 17482000000 | 49283000 |
| Sunday, January 1, 2023 | 19381000000 | 17282730 |
| Monday, January 1, 2024 | 22873000000 |
Data in motion
In the competitive world of pharmaceuticals, research and development (R&D) spending is a key indicator of innovation and future growth. Dr. Reddy's Laboratories Limited, a major player in the industry, has consistently invested heavily in R&D over the past decade. From 2014 to 2023, their R&D expenses have grown by approximately 56%, peaking in 2024. In contrast, Verona Pharma plc, a smaller entity, has shown a more volatile R&D spending pattern, with a notable spike in 2021, where their expenses increased by over 90% compared to the previous year.
While Dr. Reddy's Laboratories maintains a steady upward trend, Verona Pharma's fluctuating investments highlight the challenges smaller companies face in sustaining R&D efforts. The data for 2024 is incomplete for Verona Pharma, indicating potential shifts in their strategy. This comparison underscores the diverse approaches companies take in navigating the pharmaceutical landscape.
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