__timestamp | ACADIA Pharmaceuticals Inc. | Intra-Cellular Therapies, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 60602000 | 21226345 |
Thursday, January 1, 2015 | 73869000 | 87718074 |
Friday, January 1, 2016 | 99284000 | 93831530 |
Sunday, January 1, 2017 | 149189000 | 79419009 |
Monday, January 1, 2018 | 187163000 | 132166913 |
Tuesday, January 1, 2019 | 240385000 | 89124838 |
Wednesday, January 1, 2020 | 319130000 | 65782137 |
Friday, January 1, 2021 | 239415000 | 88845513 |
Saturday, January 1, 2022 | 361575000 | 134715000 |
Sunday, January 1, 2023 | 351619000 | 180142000 |
Unveiling the hidden dimensions of data
In the competitive world of biopharmaceuticals, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, ACADIA Pharmaceuticals Inc. and Intra-Cellular Therapies, Inc. have been at the forefront of this race. From 2014 to 2023, ACADIA Pharmaceuticals has consistently outpaced its competitor, with R&D expenses peaking at a staggering 360% increase by 2022 compared to 2014. Intra-Cellular Therapies, while trailing, has shown a remarkable 750% growth in R&D spending over the same period, highlighting its aggressive push towards innovation. The year 2023 marked a significant milestone for Intra-Cellular Therapies, as it reached its highest R&D expenditure, closing the gap with ACADIA. This trend underscores the dynamic nature of the biopharmaceutical industry, where strategic investments in R&D can lead to groundbreaking advancements and competitive advantages.
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