| __timestamp | PTC Therapeutics, Inc. | Viridian Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 79838000 | 293000 |
| Thursday, January 1, 2015 | 121816000 | 1002000 |
| Friday, January 1, 2016 | 117633000 | 888000 |
| Sunday, January 1, 2017 | 117456000 | 19623000 |
| Monday, January 1, 2018 | 171984000 | 30421000 |
| Tuesday, January 1, 2019 | 257452000 | 34794000 |
| Wednesday, January 1, 2020 | 477643000 | 28304000 |
| Friday, January 1, 2021 | 540684000 | 56886000 |
| Saturday, January 1, 2022 | 651496000 | 100894000 |
| Sunday, January 1, 2023 | 666563000 | 159765000 |
Unlocking the unknown
In the competitive world of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, PTC Therapeutics, Inc. has consistently outpaced Viridian Therapeutics, Inc. in R&D investment. From 2014 to 2023, PTC Therapeutics increased its R&D spending by over 730%, reaching a peak of approximately $667 million in 2023. In contrast, Viridian Therapeutics, while showing significant growth, expanded its R&D budget by a staggering 54,400%, from a modest $293,000 in 2014 to nearly $160 million in 2023. This dramatic increase highlights Viridian's aggressive push into the biotech arena. As these two companies continue to innovate, their R&D investments will likely play a pivotal role in shaping their future successes and the broader biotech landscape.
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