__timestamp | Amicus Therapeutics, Inc. | Intra-Cellular Therapies, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 47624000 | 21226345 |
Thursday, January 1, 2015 | 76943000 | 87718074 |
Friday, January 1, 2016 | 104793000 | 93831530 |
Sunday, January 1, 2017 | 149310000 | 79419009 |
Monday, January 1, 2018 | 270902000 | 132166913 |
Tuesday, January 1, 2019 | 286378000 | 89124838 |
Wednesday, January 1, 2020 | 308443000 | 65782137 |
Friday, January 1, 2021 | 272049000 | 88845513 |
Saturday, January 1, 2022 | 276677000 | 134715000 |
Sunday, January 1, 2023 | 152381000 | 180142000 |
Unlocking the unknown
In the competitive world of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, Intra-Cellular Therapies, Inc. and Amicus Therapeutics, Inc. have demonstrated contrasting strategies in their R&D investments.
From 2014 to 2023, Amicus Therapeutics consistently outpaced Intra-Cellular Therapies in R&D spending, peaking in 2020 with a 548% increase from 2014. However, Intra-Cellular Therapies showed a remarkable 748% growth in the same period, surpassing Amicus in 2023. This shift highlights a strategic pivot by Intra-Cellular Therapies, emphasizing their growing focus on innovation.
These trends underscore the dynamic nature of the biotech industry, where strategic R&D investments can redefine market positions and drive future breakthroughs.
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