| __timestamp | Dr. Reddy's Laboratories Limited | Johnson & Johnson |
|---|---|---|
| Wednesday, January 1, 2014 | 12402000000 | 8494000000 |
| Thursday, January 1, 2015 | 17449000000 | 9046000000 |
| Friday, January 1, 2016 | 17834000000 | 9095000000 |
| Sunday, January 1, 2017 | 19551000000 | 10554000000 |
| Monday, January 1, 2018 | 18265000000 | 10775000000 |
| Tuesday, January 1, 2019 | 15607000000 | 11355000000 |
| Wednesday, January 1, 2020 | 15410000000 | 12340000000 |
| Friday, January 1, 2021 | 16541000000 | 14277000000 |
| Saturday, January 1, 2022 | 17482000000 | 14135000000 |
| Sunday, January 1, 2023 | 19381000000 | 15048000000 |
| Monday, January 1, 2024 | 22873000000 | 17232000000 |
Cracking the code
In the ever-evolving world of pharmaceuticals, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Johnson & Johnson and Dr. Reddy's Laboratories Limited have been at the forefront of this race.
From 2014 to 2023, Johnson & Johnson's R&D expenses have shown a consistent upward trend, peaking in 2023 with a 77% increase from 2014. This steady climb underscores their dedication to pioneering new treatments and technologies.
Dr. Reddy's Laboratories, on the other hand, has demonstrated a more volatile yet aggressive approach. Their R&D spending surged by 84% from 2014 to 2024, reflecting a strategic push towards expanding their global footprint.
While 2024 data for Johnson & Johnson is unavailable, Dr. Reddy's continued their upward trajectory, hinting at a potential shift in the competitive landscape.
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