R&D Spending Showdown: Gilead Sciences, Inc. vs Zoetis Inc.

Gilead's R&D spending dwarfs Zoetis over a decade.

__timestampGilead Sciences, Inc.Zoetis Inc.
Wednesday, January 1, 20142854000000396000000
Thursday, January 1, 20153014000000364000000
Friday, January 1, 20165098000000376000000
Sunday, January 1, 20173734000000382000000
Monday, January 1, 20185018000000432000000
Tuesday, January 1, 20199106000000457000000
Wednesday, January 1, 20205039000000463000000
Friday, January 1, 20215363000000508000000
Saturday, January 1, 20224977000000539000000
Sunday, January 1, 20236923000000614000000
Monday, January 1, 20245907000000686000000
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Unveiling the hidden dimensions of data

The R&D Race: Gilead Sciences vs. Zoetis

In the ever-evolving landscape of pharmaceuticals and biotechnology, research and development (R&D) spending is a critical indicator of innovation and future growth. Over the past decade, Gilead Sciences, Inc. and Zoetis Inc. have been at the forefront of this R&D showdown. From 2014 to 2023, Gilead Sciences has consistently outpaced Zoetis, with its R&D expenses peaking at nearly 7 billion USD in 2023, a staggering 142% increase from 2014. In contrast, Zoetis has shown a steady yet modest growth, with its R&D spending increasing by approximately 55% over the same period. This disparity highlights Gilead's aggressive investment in innovation, potentially positioning it for breakthroughs in treatments and therapies. As the industry continues to evolve, these investments could be pivotal in shaping the future of healthcare.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025