__timestamp | Gilead Sciences, Inc. | TG Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 2854000000 | 31354781 |
Thursday, January 1, 2015 | 3014000000 | 43445817 |
Friday, January 1, 2016 | 5098000000 | 66489820 |
Sunday, January 1, 2017 | 3734000000 | 96886134 |
Monday, January 1, 2018 | 5018000000 | 153793000 |
Tuesday, January 1, 2019 | 9106000000 | 148369000 |
Wednesday, January 1, 2020 | 5039000000 | 151934000 |
Friday, January 1, 2021 | 5363000000 | 198532000 |
Saturday, January 1, 2022 | 4977000000 | 112128000 |
Sunday, January 1, 2023 | 6923000000 | 76192000 |
Monday, January 1, 2024 | 5907000000 |
Unleashing the power of data
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 TG Therapeutics, Inc. have demonstrated contrasting approaches to R&D investment. From 2014 to 2023, Gilead Sciences consistently outspent TG Therapeutics, with its R&D expenses peaking at approximately $6.9 billion in 2023, a staggering 90% increase from 2014. In contrast, TG Therapeutics' R&D spending, while growing, reached a high of around $198 million in 2021, reflecting a more modest 530% increase over the same period.
This disparity highlights Gilead's robust financial capacity and strategic focus on expanding its research capabilities. Meanwhile, TG Therapeutics, though smaller in scale, has shown a remarkable growth trajectory, emphasizing its dedication to innovation despite limited resources. As the biotech landscape evolves, these spending patterns offer insights into each company's future potential and strategic priorities.
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