| __timestamp | Bausch Health Companies Inc. | Eli Lilly and Company |
|---|---|---|
| Wednesday, January 1, 2014 | 246000000 | 4733600000 |
| Thursday, January 1, 2015 | 582800000 | 4796400000 |
| Friday, January 1, 2016 | 455000000 | 5243900000 |
| Sunday, January 1, 2017 | 366000000 | 5281800000 |
| Monday, January 1, 2018 | 414000000 | 5051200000 |
| Tuesday, January 1, 2019 | 471000000 | 5595000000 |
| Wednesday, January 1, 2020 | 452000000 | 6085700000 |
| Friday, January 1, 2021 | 465000000 | 7025900000 |
| Saturday, January 1, 2022 | 529000000 | 7190800000 |
| Sunday, January 1, 2023 | 604000000 | 9313400000 |
| Monday, January 1, 2024 | 14271000000 |
Data in motion
In the ever-evolving pharmaceutical industry, research and development (R&D) investment is crucial for innovation and growth. Over the past decade, Eli Lilly and Company has consistently outpaced Bausch Health Companies Inc. in R&D spending. From 2014 to 2023, Eli Lilly's R&D expenses surged by nearly 97%, reaching a peak in 2023. In contrast, Bausch Health's investment grew by approximately 146%, yet remained significantly lower in absolute terms.
Eli Lilly's commitment to R&D is evident, with its 2023 investment being nearly 15 times that of Bausch Health. This disparity highlights Eli Lilly's strategic focus on innovation, potentially leading to a stronger pipeline of new drugs. As the pharmaceutical landscape becomes increasingly competitive, such investments are likely to play a pivotal role in shaping the future of these companies.
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