| __timestamp | Ascendis Pharma A/S | Rhythm Pharmaceuticals, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 19698000 | 5280000 |
| Thursday, January 1, 2015 | 40528000 | 7148000 |
| Friday, January 1, 2016 | 66022000 | 19594000 |
| Sunday, January 1, 2017 | 99589000 | 22894000 |
| Monday, January 1, 2018 | 140281000 | 50337000 |
| Tuesday, January 1, 2019 | 191621000 | 109450000 |
| Wednesday, January 1, 2020 | 260904000 | 90450000 |
| Friday, January 1, 2021 | 295867000 | 104128000 |
| Saturday, January 1, 2022 | 379624000 | 108630000 |
| Sunday, January 1, 2023 | 413454000 | 134951000 |
| Monday, January 1, 2024 | 307004000 |
In pursuit of knowledge
In the competitive world of biopharmaceuticals, research and development (R&D) is the lifeblood of innovation. Over the past decade, Ascendis Pharma A/S and Rhythm Pharmaceuticals, Inc. have demonstrated significant commitment to R&D, with Ascendis Pharma A/S increasing its R&D expenses by over 2,000% from 2014 to 2023. This Danish company has consistently outpaced its American counterpart, Rhythm Pharmaceuticals, Inc., whose R&D spending grew by approximately 2,500% during the same period.
Ascendis Pharma A/S's R&D investment peaked in 2023, reaching nearly 4.1 times its 2014 expenditure. Meanwhile, Rhythm Pharmaceuticals, Inc. saw its highest R&D spending in 2023, marking a 25% increase from the previous year. These trends underscore the relentless pursuit of innovation in the biopharma sector, as both companies strive to bring groundbreaking therapies to market.
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