__timestamp | Agios Pharmaceuticals, Inc. | MorphoSys AG |
---|---|---|
Wednesday, January 1, 2014 | 100371000 | 55962693 |
Thursday, January 1, 2015 | 141827000 | 78655788 |
Friday, January 1, 2016 | 220163000 | 95723069 |
Sunday, January 1, 2017 | 292681000 | 116808575 |
Monday, January 1, 2018 | 341324000 | 106397017 |
Tuesday, January 1, 2019 | 410894000 | 108431600 |
Wednesday, January 1, 2020 | 367470000 | 141426832 |
Friday, January 1, 2021 | 256973000 | 225200000 |
Saturday, January 1, 2022 | 279910000 | 297812160 |
Sunday, January 1, 2023 | 288903000 | 283614139 |
Monday, January 1, 2024 | 301286000 |
Unleashing the power of data
In the competitive landscape of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Agios Pharmaceuticals, Inc. and MorphoSys AG have been at the forefront of this race.
From 2014 to 2023, Agios Pharmaceuticals has consistently increased its R&D investments, peaking in 2019 with a 310% increase from its 2014 spending. This upward trend underscores Agios's dedication to pioneering new therapies and maintaining its competitive edge.
MorphoSys AG, while starting with lower R&D expenses, has shown a remarkable 400% growth in its spending by 2022 compared to 2014. This strategic surge highlights MorphoSys's focus on expanding its research capabilities and product pipeline.
Both companies exemplify the dynamic nature of the biotech industry, where strategic R&D investments are pivotal for long-term success.
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