__timestamp | Genmab A/S | Intra-Cellular Therapies, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 505679000 | 21226345 |
Thursday, January 1, 2015 | 487656000 | 87718074 |
Friday, January 1, 2016 | 660876000 | 93831530 |
Sunday, January 1, 2017 | 874278000 | 79419009 |
Monday, January 1, 2018 | 1431159000 | 132166913 |
Tuesday, January 1, 2019 | 2386000000 | 89124838 |
Wednesday, January 1, 2020 | 3137000000 | 65782137 |
Friday, January 1, 2021 | 4181000000 | 88845513 |
Saturday, January 1, 2022 | 5562000000 | 134715000 |
Sunday, January 1, 2023 | 7630000000 | 180142000 |
Unlocking the unknown
In the ever-evolving world of biotechnology, research and development (R&D) investments are the lifeblood of innovation. Over the past decade, Genmab A/S and Intra-Cellular Therapies, Inc. have demonstrated contrasting trajectories in their R&D spending.
From 2014 to 2023, Genmab A/S has consistently increased its R&D investments, showcasing a remarkable growth of over 1,400%. This Danish biotech giant's commitment to innovation is evident as it reached a peak investment of approximately $7.63 billion in 2023.
In contrast, Intra-Cellular Therapies, Inc. has maintained a more modest growth, with R&D expenses rising by around 750% over the same period. By 2023, their investment reached nearly $180 million, reflecting a focused yet steady approach to research.
These trends highlight the diverse strategies within the biotech sector, where both aggressive and steady investment approaches can drive innovation.
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