__timestamp | Iovance Biotherapeutics, Inc. | Zoetis Inc. |
---|---|---|
Wednesday, January 1, 2014 | 2704597 | 396000000 |
Thursday, January 1, 2015 | 15470000 | 364000000 |
Friday, January 1, 2016 | 28037000 | 376000000 |
Sunday, January 1, 2017 | 71615000 | 382000000 |
Monday, January 1, 2018 | 99828000 | 432000000 |
Tuesday, January 1, 2019 | 166023000 | 457000000 |
Wednesday, January 1, 2020 | 201727000 | 463000000 |
Friday, January 1, 2021 | 259039000 | 508000000 |
Saturday, January 1, 2022 | 294781000 | 539000000 |
Sunday, January 1, 2023 | 344077000 | 614000000 |
Monday, January 1, 2024 | 686000000 |
Unleashing the power of data
In the dynamic world of pharmaceuticals, research and development (R&D) is the lifeblood of innovation. Over the past decade, Zoetis Inc. and Iovance Biotherapeutics, Inc. have showcased contrasting R&D investment strategies. From 2014 to 2023, Zoetis consistently outpaced Iovance, with R&D spending peaking at approximately 614 million USD in 2023, a 55% increase from 2014. Meanwhile, Iovance's R&D expenses surged by an impressive 12,600%, reaching around 344 million USD in 2023. This stark contrast highlights Zoetis's steady commitment to innovation, while Iovance's exponential growth reflects its aggressive push in the biotech arena. As these companies continue to evolve, their R&D investments will be pivotal in shaping their future breakthroughs and market positions.
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