| __timestamp | Novartis AG | Takeda Pharmaceutical Company Limited |
|---|---|---|
| Wednesday, January 1, 2014 | 9086000000 | 382096000000 |
| Thursday, January 1, 2015 | 8935000000 | 345927000000 |
| Friday, January 1, 2016 | 9039000000 | 312303000000 |
| Sunday, January 1, 2017 | 8972000000 | 325441000000 |
| Monday, January 1, 2018 | 9074000000 | 368298000000 |
| Tuesday, January 1, 2019 | 9402000000 | 492381000000 |
| Wednesday, January 1, 2020 | 8980000000 | 455833000000 |
| Friday, January 1, 2021 | 9540000000 | 526087000000 |
| Saturday, January 1, 2022 | 9996000000 | 633325000000 |
| Sunday, January 1, 2023 | 11371000000 | 729924000000 |
| Monday, January 1, 2024 | 10022000000 | 729924000000 |
In pursuit of knowledge
In the ever-evolving pharmaceutical industry, research and development (R&D) investments are crucial for innovation and growth. Over the past decade, Novartis AG and Takeda Pharmaceutical Company Limited have demonstrated contrasting strategies in their R&D expenditures. From 2014 to 2023, Novartis AG's R&D spending has shown a steady increase, peaking at approximately $11.4 billion in 2023, marking a 25% rise from 2014. In contrast, Takeda's R&D investment has surged dramatically, with a staggering 91% increase, reaching around $730 billion in 2023. This significant growth reflects Takeda's aggressive expansion and commitment to innovation. However, data for Novartis in 2024 is missing, indicating potential changes in their strategy. As these pharmaceutical giants continue to invest heavily in R&D, their efforts will likely shape the future of healthcare and medicine.
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