Research and Development: Comparing Key Metrics for Zoetis Inc. and Viatris Inc.

R&D Trends: Zoetis vs. Viatris Over a Decade

__timestampViatris Inc.Zoetis Inc.
Wednesday, January 1, 2014581800000396000000
Thursday, January 1, 2015671900000364000000
Friday, January 1, 2016876700000376000000
Sunday, January 1, 2017857900000382000000
Monday, January 1, 2018822200000432000000
Tuesday, January 1, 2019778200000457000000
Wednesday, January 1, 2020512600000463000000
Friday, January 1, 2021681000000508000000
Saturday, January 1, 2022662200000539000000
Sunday, January 1, 2023910700000614000000
Monday, January 1, 2024686000000
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Cracking the code

A Decade of Innovation: Zoetis Inc. vs. Viatris Inc.

In the ever-evolving pharmaceutical landscape, research and development (R&D) are pivotal for innovation and growth. Over the past decade, Zoetis Inc. and Viatris Inc. have demonstrated distinct trajectories in their R&D investments. From 2014 to 2023, Viatris Inc. consistently outpaced Zoetis Inc. in R&D spending, peaking in 2023 with a 58% higher investment than Zoetis. Notably, Viatris's R&D expenses surged by 56% from 2014 to 2023, reflecting its commitment to advancing healthcare solutions. Meanwhile, Zoetis Inc. exhibited a steady increase, with a 55% rise in R&D expenses over the same period, underscoring its focus on veterinary pharmaceuticals. This comparison highlights the strategic priorities of each company, with Viatris emphasizing broad-spectrum pharmaceutical advancements and Zoetis honing in on animal health. As the industry continues to innovate, these investments will likely shape the future of healthcare.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025