__timestamp | Incyte Corporation | Intra-Cellular Therapies, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 347523000 | 21226345 |
Thursday, January 1, 2015 | 479514000 | 87718074 |
Friday, January 1, 2016 | 581861000 | 93831530 |
Sunday, January 1, 2017 | 1326361000 | 79419009 |
Monday, January 1, 2018 | 1197957000 | 132166913 |
Tuesday, January 1, 2019 | 1154111000 | 89124838 |
Wednesday, January 1, 2020 | 2215942000 | 65782137 |
Friday, January 1, 2021 | 1458179000 | 88845513 |
Saturday, January 1, 2022 | 1585936000 | 134715000 |
Sunday, January 1, 2023 | 1627594000 | 180142000 |
Monday, January 1, 2024 | 2606848000 |
Data in motion
In the ever-evolving world of biotechnology, research and development (R&D) investments are the lifeblood of innovation. Over the past decade, Incyte Corporation and Intra-Cellular Therapies, Inc. have demonstrated contrasting yet fascinating trajectories in their R&D expenditures.
Since 2014, Incyte Corporation has consistently increased its R&D spending, peaking in 2020 with a remarkable 536% increase from its 2014 levels. This commitment underscores Incyte's dedication to pioneering new treatments and maintaining its competitive edge.
Intra-Cellular Therapies, Inc., while operating on a smaller scale, has shown a steady growth in R&D investments, culminating in a 748% rise by 2023 compared to 2014. This growth reflects the company's strategic focus on developing innovative therapies for complex psychiatric and neurological disorders.
Both companies exemplify the critical role of R&D in driving advancements in the biotech sector, each with its unique strategy and focus.
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