| __timestamp | Pharming Group N.V. | Teva Pharmaceutical Industries Limited |
|---|---|---|
| Wednesday, January 1, 2014 | 14182353 | 1488000000 |
| Thursday, January 1, 2015 | 15503028 | 1525000000 |
| Friday, January 1, 2016 | 16183585 | 2111000000 |
| Sunday, January 1, 2017 | 22382849 | 1848000000 |
| Monday, January 1, 2018 | 33038206 | 1213000000 |
| Tuesday, January 1, 2019 | 31777040 | 1010000000 |
| Wednesday, January 1, 2020 | 41464134 | 997000000 |
| Friday, January 1, 2021 | 67178053 | 967000000 |
| Saturday, January 1, 2022 | 52531000 | 838000000 |
| Sunday, January 1, 2023 | 68914000 | 953000000 |
| Monday, January 1, 2024 | 998000000 |
Unleashing the power of data
In the ever-evolving pharmaceutical industry, research and development (R&D) are pivotal for innovation and growth. Over the past decade, Teva Pharmaceutical Industries Limited and Pharming Group N.V. have demonstrated contrasting R&D investment strategies.
Teva, a global leader, consistently allocated substantial resources to R&D, peaking in 2016 with a 63% increase from 2014. However, a downward trend followed, with a 55% reduction by 2022. This shift reflects Teva's strategic realignment amidst industry challenges.
Conversely, Pharming Group N.V., a smaller player, steadily increased its R&D spending, achieving a remarkable 386% growth from 2014 to 2023. This commitment underscores Pharming's focus on niche markets and innovative therapies.
These trends highlight the diverse approaches within the pharmaceutical sector, where strategic R&D investments can significantly influence a company's trajectory and market position.
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