| __timestamp | Takeda Pharmaceutical Company Limited | Viking Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 382096000000 | 22223073 |
| Thursday, January 1, 2015 | 345927000000 | 6966842 |
| Friday, January 1, 2016 | 312303000000 | 9000499 |
| Sunday, January 1, 2017 | 325441000000 | 13741186 |
| Monday, January 1, 2018 | 368298000000 | 19040000 |
| Tuesday, January 1, 2019 | 492381000000 | 23559000 |
| Wednesday, January 1, 2020 | 455833000000 | 31931000 |
| Friday, January 1, 2021 | 526087000000 | 44981000 |
| Saturday, January 1, 2022 | 633325000000 | 54234000 |
| Sunday, January 1, 2023 | 729924000000 | 63806000 |
| Monday, January 1, 2024 | 729924000000 |
Unlocking the unknown
In the competitive world of pharmaceuticals, research and development (R&D) spending is a key indicator of innovation and future growth. Takeda Pharmaceutical Company Limited, a global leader, and Viking Therapeutics, Inc., a rising star, present a fascinating contrast in their R&D investments over the past decade.
From 2014 to 2023, Takeda's R&D expenses have surged by approximately 91%, reflecting its commitment to innovation. In 2023, Takeda's R&D spending reached a staggering 730 billion yen, underscoring its position as a powerhouse in the pharmaceutical industry.
Viking Therapeutics, though smaller, has shown impressive growth. From 2014 to 2023, its R&D expenses increased by nearly 187%, highlighting its aggressive pursuit of new therapies. However, Viking's spending remains a fraction of Takeda's, emphasizing the scale difference between the two.
This data offers a glimpse into the strategic priorities of these companies, with Takeda focusing on maintaining its leadership and Viking striving to carve out its niche.
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