__timestamp | Alkermes plc | Ascendis Pharma A/S |
---|---|---|
Wednesday, January 1, 2014 | 7753000 | 19698000 |
Thursday, January 1, 2015 | 4019000 | 40528000 |
Friday, January 1, 2016 | 2301000 | 66022000 |
Sunday, January 1, 2017 | 7232000 | 99589000 |
Monday, January 1, 2018 | 68895000 | 140281000 |
Tuesday, January 1, 2019 | 52816000 | 191621000 |
Wednesday, January 1, 2020 | 1946000 | 260904000 |
Friday, January 1, 2021 | 1020000 | 295867000 |
Saturday, January 1, 2022 | 393842000 | 379624000 |
Sunday, January 1, 2023 | 270806000 | 413454000 |
Monday, January 1, 2024 | 245326000 | 307004000 |
Unleashing insights
In the competitive landscape of biopharmaceuticals, research and development (R&D) investments are pivotal for innovation and growth. Over the past decade, Ascendis Pharma A/S and Alkermes plc have demonstrated contrasting trajectories in their R&D spending. Ascendis Pharma A/S has consistently increased its R&D investments, culminating in a remarkable 1,900% growth from 2014 to 2023. This surge underscores their commitment to pioneering new therapies. In contrast, Alkermes plc experienced a more volatile pattern, with a significant spike in 2022, where their R&D expenses soared by over 3,800% compared to 2014. However, this was followed by a 31% decline in 2023. These trends highlight the dynamic nature of R&D strategies in the biopharma sector, reflecting each company's unique approach to innovation and market adaptation.
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