| __timestamp | MiMedx Group, Inc. | Soleno Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 7050000 | 2242216 |
| Thursday, January 1, 2015 | 8413000 | 4536244 |
| Friday, January 1, 2016 | 12038000 | 5184803 |
| Sunday, January 1, 2017 | 17900000 | 3068742 |
| Monday, January 1, 2018 | 15765000 | 7178000 |
| Tuesday, January 1, 2019 | 11140000 | 16267000 |
| Wednesday, January 1, 2020 | 11715000 | 23191000 |
| Friday, January 1, 2021 | 17344000 | 21453000 |
| Saturday, January 1, 2022 | 22829000 | 15265000 |
| Sunday, January 1, 2023 | 12665000 | 25189000 |
Igniting the spark of knowledge
In the ever-evolving world of biotechnology, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Soleno Therapeutics, Inc. and MiMedx Group, Inc. have demonstrated contrasting R&D investment strategies. From 2014 to 2023, MiMedx Group's R&D expenses grew by approximately 80%, peaking in 2022. Meanwhile, Soleno Therapeutics saw a staggering increase of over 1,000% in the same period, with a notable surge in 2023. This divergence highlights Soleno's aggressive push towards innovation, while MiMedx maintains a steady growth trajectory. As the biotech landscape continues to shift, these trends offer valuable insights into each company's strategic priorities and potential future breakthroughs.
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