| __timestamp | Galapagos NV | Regeneron Pharmaceuticals, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 111110000 | 1271353000 |
| Thursday, January 1, 2015 | 129714000 | 1620577000 |
| Friday, January 1, 2016 | 139574000 | 2052295000 |
| Sunday, January 1, 2017 | 218502000 | 2075142000 |
| Monday, January 1, 2018 | 322876000 | 2186100000 |
| Tuesday, January 1, 2019 | 427320000 | 3036600000 |
| Wednesday, January 1, 2020 | 523667000 | 2735000000 |
| Friday, January 1, 2021 | 491707000 | 2908100000 |
| Saturday, January 1, 2022 | 515083000 | 3592500000 |
| Sunday, January 1, 2023 | 241294000 | 4439000000 |
| Monday, January 1, 2024 | 5132000000 |
Unleashing insights
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, Regeneron Pharmaceuticals, Inc. and Galapagos NV have demonstrated contrasting trajectories in their R&D investments. From 2014 to 2023, Regeneron consistently outpaced Galapagos, with its R&D expenses peaking at nearly 4.4 billion USD in 2023, a staggering 250% increase from 2014. In contrast, Galapagos saw a more modest growth, with its highest expenditure reaching approximately 524 million USD in 2020, before declining to 241 million USD in 2023. This divergence highlights Regeneron's aggressive pursuit of new therapies, while Galapagos adopts a more conservative approach. As the biotech landscape continues to shift, these spending patterns offer a glimpse into the strategic priorities of these industry leaders.
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