__timestamp | Gilead Sciences, Inc. | Sarepta Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 2854000000 | 94231000 |
Thursday, January 1, 2015 | 3014000000 | 146394000 |
Friday, January 1, 2016 | 5098000000 | 188272000 |
Sunday, January 1, 2017 | 3734000000 | 166707000 |
Monday, January 1, 2018 | 5018000000 | 401843000 |
Tuesday, January 1, 2019 | 9106000000 | 560909000 |
Wednesday, January 1, 2020 | 5039000000 | 722343000 |
Friday, January 1, 2021 | 5363000000 | 771182000 |
Saturday, January 1, 2022 | 4977000000 | 877090000 |
Sunday, January 1, 2023 | 6923000000 | 877387000 |
Monday, January 1, 2024 | 5907000000 |
Unleashing insights
In the competitive world of biotechnology, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Gilead Sciences, Inc. and Sarepta Therapeutics, Inc. have demonstrated contrasting approaches to R&D investment. From 2014 to 2023, Gilead Sciences consistently outspent Sarepta, with its R&D expenses peaking at approximately $6.9 billion in 2023, a staggering 690% increase compared to Sarepta's $877 million in the same year. This trend highlights Gilead's aggressive strategy to maintain its leadership in the biotech sector. Meanwhile, Sarepta's steady increase in R&D spending, growing nearly tenfold from 2014 to 2023, underscores its commitment to innovation despite its smaller scale. This financial commitment reflects the broader industry trend where R&D investment is crucial for developing groundbreaking therapies and maintaining competitive advantage.
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