| __timestamp | Dr. Reddy's Laboratories Limited | Sanofi |
|---|---|---|
| Wednesday, January 1, 2014 | 12402000000 | 4667000000 |
| Thursday, January 1, 2015 | 17449000000 | 5082000000 |
| Friday, January 1, 2016 | 17834000000 | 5232000000 |
| Sunday, January 1, 2017 | 19551000000 | 5567000000 |
| Monday, January 1, 2018 | 18265000000 | 6350000000 |
| Tuesday, January 1, 2019 | 15607000000 | 6018000000 |
| Wednesday, January 1, 2020 | 15410000000 | 5529000000 |
| Friday, January 1, 2021 | 16541000000 | 5692000000 |
| Saturday, January 1, 2022 | 17482000000 | 6706000000 |
| Sunday, January 1, 2023 | 19381000000 | 6728000000 |
| Monday, January 1, 2024 | 22873000000 | 7394000000 |
Cracking the code
In the competitive landscape of pharmaceuticals, research and development (R&D) investment is a key driver of innovation and growth. Over the past decade, Dr. Reddy's Laboratories Limited has consistently outpaced Sanofi in R&D spending. From 2014 to 2023, Dr. Reddy's increased its R&D expenses by approximately 85%, peaking in 2024 with a remarkable 22.9 billion. In contrast, Sanofi's R&D investment grew by about 44% over the same period, reaching its highest in 2023 with 6.7 billion. This trend highlights Dr. Reddy's commitment to innovation, as it invests significantly more in R&D compared to Sanofi. However, the data for 2024 is incomplete for Sanofi, leaving room for speculation on its future strategy. As the pharmaceutical industry evolves, these investments will likely shape the next wave of medical breakthroughs.
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