__timestamp | Dr. Reddy's Laboratories Limited | Gilead Sciences, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 12402000000 | 2854000000 |
Thursday, January 1, 2015 | 17449000000 | 3014000000 |
Friday, January 1, 2016 | 17834000000 | 5098000000 |
Sunday, January 1, 2017 | 19551000000 | 3734000000 |
Monday, January 1, 2018 | 18265000000 | 5018000000 |
Tuesday, January 1, 2019 | 15607000000 | 9106000000 |
Wednesday, January 1, 2020 | 15410000000 | 5039000000 |
Friday, January 1, 2021 | 16541000000 | 5363000000 |
Saturday, January 1, 2022 | 17482000000 | 4977000000 |
Sunday, January 1, 2023 | 19381000000 | 6923000000 |
Monday, January 1, 2024 | 22873000000 | 5907000000 |
Unleashing insights
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, Gilead Sciences, Inc. and Dr. Reddy's Laboratories Limited have showcased contrasting strategies in their R&D investments. From 2014 to 2023, Dr. Reddy's Laboratories consistently outpaced Gilead, with R&D expenses peaking at an impressive 22.9 billion in 2024. This represents a growth of approximately 84% from their 2014 spending. In contrast, Gilead's R&D expenditure saw a more modest increase, with a notable peak in 2019 at 9.1 billion, before stabilizing around 6.9 billion in 2023. The data suggests that while Dr. Reddy's is aggressively investing in innovation, Gilead is taking a more measured approach. Missing data for Gilead in 2024 leaves room for speculation on their future strategy. As the pharmaceutical landscape evolves, these spending patterns will be crucial in shaping the industry's future.
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