| __timestamp | Soleno Therapeutics, Inc. | Vertex Pharmaceuticals Incorporated |
|---|---|---|
| Wednesday, January 1, 2014 | 2242216 | 855506000 |
| Thursday, January 1, 2015 | 4536244 | 996170000 |
| Friday, January 1, 2016 | 5184803 | 1047690000 |
| Sunday, January 1, 2017 | 3068742 | 1324625000 |
| Monday, January 1, 2018 | 7178000 | 1416476000 |
| Tuesday, January 1, 2019 | 16267000 | 1754540000 |
| Wednesday, January 1, 2020 | 23191000 | 1829537000 |
| Friday, January 1, 2021 | 21453000 | 3051100000 |
| Saturday, January 1, 2022 | 15265000 | 2540300000 |
| Sunday, January 1, 2023 | 25189000 | 3162900000 |
| Monday, January 1, 2024 | 3630300000 |
Unleashing the power of data
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, Vertex Pharmaceuticals Incorporated and Soleno Therapeutics, Inc. have demonstrated contrasting approaches to R&D investment.
From 2014 to 2023, Vertex Pharmaceuticals has consistently outpaced Soleno Therapeutics in R&D spending, with an average annual investment nearly 150 times greater. In 2023, Vertex's R&D expenses peaked at approximately $3.16 billion, marking a 270% increase from 2014. Meanwhile, Soleno's R&D spending, though more modest, showed a significant upward trend, culminating in a 2023 investment of around $25 million, over 11 times its 2014 expenditure.
This disparity highlights the scale and ambition of Vertex's research initiatives, while Soleno's steady growth reflects its strategic focus on targeted innovation. As these companies continue to evolve, their R&D strategies will undoubtedly shape their future trajectories.
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