| __timestamp | Dr. Reddy's Laboratories Limited | Teva Pharmaceutical Industries Limited |
|---|---|---|
| Wednesday, January 1, 2014 | 12402000000 | 1488000000 |
| Thursday, January 1, 2015 | 17449000000 | 1525000000 |
| Friday, January 1, 2016 | 17834000000 | 2111000000 |
| Sunday, January 1, 2017 | 19551000000 | 1848000000 |
| Monday, January 1, 2018 | 18265000000 | 1213000000 |
| Tuesday, January 1, 2019 | 15607000000 | 1010000000 |
| Wednesday, January 1, 2020 | 15410000000 | 997000000 |
| Friday, January 1, 2021 | 16541000000 | 967000000 |
| Saturday, January 1, 2022 | 17482000000 | 838000000 |
| Sunday, January 1, 2023 | 19381000000 | 953000000 |
| Monday, January 1, 2024 | 22873000000 | 998000000 |
Unleashing the power of data
In the competitive world of pharmaceuticals, research and development (R&D) is the lifeblood of innovation. Over the past decade, Teva Pharmaceutical Industries Limited and Dr. Reddy's Laboratories Limited have demonstrated contrasting approaches to R&D investment.
From 2014 to 2023, Dr. Reddy's Laboratories consistently increased its R&D spending, peaking in 2024 with a remarkable 84% growth from its 2014 levels. This steady climb underscores the company's commitment to innovation and its strategic focus on expanding its product pipeline.
In contrast, Teva's R&D expenses have shown volatility, with a notable peak in 2016. However, by 2023, their investment had decreased by approximately 36% from the 2016 high. This fluctuation may reflect strategic shifts or financial constraints.
The data highlights the diverse strategies these pharmaceutical giants employ to navigate the ever-evolving landscape of drug development.
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