__timestamp | Bausch Health Companies Inc. | Bio-Techne Corporation |
---|---|---|
Wednesday, January 1, 2014 | 246000000 | 30945000 |
Thursday, January 1, 2015 | 582800000 | 40853000 |
Friday, January 1, 2016 | 455000000 | 45187000 |
Sunday, January 1, 2017 | 366000000 | 53514000 |
Monday, January 1, 2018 | 414000000 | 55329000 |
Tuesday, January 1, 2019 | 471000000 | 62413000 |
Wednesday, January 1, 2020 | 452000000 | 65192000 |
Friday, January 1, 2021 | 465000000 | 70603000 |
Saturday, January 1, 2022 | 529000000 | 87140000 |
Sunday, January 1, 2023 | 604000000 | 92493000 |
Monday, January 1, 2024 | 96664000 |
Data in motion
In the ever-evolving landscape of biotechnology and pharmaceuticals, research and development (R&D) investments are pivotal. Over the past decade, Bio-Techne Corporation and Bausch Health Companies Inc. have demonstrated contrasting strategies in their R&D expenditures.
From 2014 to 2023, Bausch Health's R&D spending surged by approximately 145%, peaking in 2023. This reflects their aggressive pursuit of innovation and market leadership. In contrast, Bio-Techne's R&D investment grew by about 200% over the same period, showcasing their commitment to expanding their technological capabilities.
Interestingly, while Bausch Health consistently outspent Bio-Techne, the latter's growth rate in R&D investment was notably higher. This suggests a strategic focus on scaling their research capabilities. However, data for 2024 is missing for Bausch Health, leaving a gap in the comparative analysis. As these companies continue to innovate, their R&D investments will likely shape the future of the industry.
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