| __timestamp | Jazz Pharmaceuticals plc | Viking Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 85181000 | 22223073 |
| Thursday, January 1, 2015 | 135253000 | 6966842 |
| Friday, January 1, 2016 | 162297000 | 9000499 |
| Sunday, January 1, 2017 | 198442000 | 13741186 |
| Monday, January 1, 2018 | 226616000 | 19040000 |
| Tuesday, January 1, 2019 | 299726000 | 23559000 |
| Wednesday, January 1, 2020 | 335375000 | 31931000 |
| Friday, January 1, 2021 | 505748000 | 44981000 |
| Saturday, January 1, 2022 | 590453000 | 54234000 |
| Sunday, January 1, 2023 | 849658000 | 63806000 |
Unleashing the power of data
In the competitive world of pharmaceuticals, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Jazz Pharmaceuticals plc and Viking Therapeutics, Inc. have shown contrasting trajectories in their R&D investments over the past decade.
From 2014 to 2023, Jazz Pharmaceuticals has consistently increased its R&D expenses, culminating in a staggering 900% growth by 2023. This reflects their aggressive strategy to expand their drug pipeline and enhance their market position. In contrast, Viking Therapeutics, while also increasing its R&D spending, has done so at a more modest pace, with a 187% rise over the same period.
These trends highlight the differing scales and strategies of these two companies, with Jazz Pharmaceuticals taking a more expansive approach compared to the more cautious, yet steady, path of Viking Therapeutics.
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