__timestamp | ADMA Biologics, Inc. | PTC Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 9517014 | 79838000 |
Thursday, January 1, 2015 | 7015946 | 121816000 |
Friday, January 1, 2016 | 7688238 | 117633000 |
Sunday, January 1, 2017 | 6229587 | 117456000 |
Monday, January 1, 2018 | 3926120 | 171984000 |
Tuesday, January 1, 2019 | 2343848 | 257452000 |
Wednesday, January 1, 2020 | 5907013 | 477643000 |
Friday, January 1, 2021 | 3646060 | 540684000 |
Saturday, January 1, 2022 | 3613764 | 651496000 |
Sunday, January 1, 2023 | 3300000 | 666563000 |
Cracking the code
In the ever-evolving world of biotechnology, research and development (R&D) are the lifeblood of innovation. Over the past decade, ADMA Biologics, Inc. and PTC Therapeutics, Inc. have demonstrated contrasting R&D investment strategies. ADMA Biologics, Inc. has seen a steady decline in R&D expenses, dropping from a peak in 2014 to a more modest investment in 2023. This represents a reduction of over 65% in their R&D spending. In contrast, PTC Therapeutics, Inc. has consistently ramped up its R&D efforts, with a staggering increase of over 730% from 2014 to 2023. This commitment to innovation is evident in their 2023 R&D expenses, which are nearly 20 times higher than those of ADMA Biologics, Inc. These trends highlight the diverse strategies within the biotech sector, where some companies prioritize aggressive R&D investment to drive future growth.
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