__timestamp | ACADIA Pharmaceuticals Inc. | Eli Lilly and Company |
---|---|---|
Wednesday, January 1, 2014 | 60602000 | 4733600000 |
Thursday, January 1, 2015 | 73869000 | 4796400000 |
Friday, January 1, 2016 | 99284000 | 5243900000 |
Sunday, January 1, 2017 | 149189000 | 5281800000 |
Monday, January 1, 2018 | 187163000 | 5051200000 |
Tuesday, January 1, 2019 | 240385000 | 5595000000 |
Wednesday, January 1, 2020 | 319130000 | 6085700000 |
Friday, January 1, 2021 | 239415000 | 7025900000 |
Saturday, January 1, 2022 | 361575000 | 7190800000 |
Sunday, January 1, 2023 | 351619000 | 9313400000 |
Monday, January 1, 2024 | 14271000000 |
Igniting the spark of knowledge
In the competitive world of pharmaceuticals, research and development (R&D) is the lifeblood of innovation. Over the past decade, Eli Lilly and Company and ACADIA Pharmaceuticals Inc. have showcased contrasting R&D investment strategies. Eli Lilly, a titan in the industry, has consistently invested heavily, with R&D expenses peaking at approximately $9.3 billion in 2023, marking a 97% increase from 2014. In contrast, ACADIA Pharmaceuticals, a smaller player, has seen its R&D spending grow by nearly 480% over the same period, reaching around $352 million in 2023. This stark difference highlights the varied approaches companies take to fuel innovation. While Eli Lilly's vast resources allow for substantial investment, ACADIA's growth trajectory underscores its commitment to expanding its research capabilities. As the pharmaceutical landscape evolves, these investment patterns will play a crucial role in shaping the future of drug development.
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