__timestamp | Alkermes plc | Opthea Limited |
---|---|---|
Wednesday, January 1, 2014 | 7753000 | 3401685 |
Thursday, January 1, 2015 | 4019000 | 4284228 |
Friday, January 1, 2016 | 2301000 | 3581295 |
Sunday, January 1, 2017 | 7232000 | 4838300 |
Monday, January 1, 2018 | 68895000 | 24891534 |
Tuesday, January 1, 2019 | 52816000 | 31347891 |
Wednesday, January 1, 2020 | 1946000 | 17480747 |
Friday, January 1, 2021 | 1020000 | 34710152 |
Saturday, January 1, 2022 | 393842000 | 108459978 |
Sunday, January 1, 2023 | 270806000 | 181563523 |
Monday, January 1, 2024 | 176326321 |
Data in motion
In the ever-evolving landscape of pharmaceutical research, the investment in Research and Development (R&D) is a critical indicator of a company's commitment to innovation. Over the past decade, Alkermes plc and Opthea Limited have demonstrated contrasting trajectories in their R&D expenditures.
Alkermes plc has shown a dramatic increase in R&D spending, peaking in 2022 with a staggering 3,938% increase from its 2014 levels. This surge underscores Alkermes' strategic focus on expanding its research capabilities, despite fluctuations in earlier years.
Opthea Limited, on the other hand, has maintained a more consistent growth pattern, with a notable 433% increase in R&D investment from 2014 to 2023. This steady rise reflects Opthea's sustained commitment to developing innovative therapies.
The data reveals a fascinating narrative of two companies navigating the complexities of pharmaceutical innovation, each with its unique approach to R&D investment.
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