| __timestamp | Soleno Therapeutics, Inc. | Verona Pharma plc |
|---|---|---|
| Wednesday, January 1, 2014 | 2242216 | 4101058 |
| Thursday, January 1, 2015 | 4536244 | 10763215 |
| Friday, January 1, 2016 | 5184803 | 5579049 |
| Sunday, January 1, 2017 | 3068742 | 32051299 |
| Monday, January 1, 2018 | 7178000 | 24482286 |
| Tuesday, January 1, 2019 | 16267000 | 43892589 |
| Wednesday, January 1, 2020 | 23191000 | 44505000 |
| Friday, January 1, 2021 | 21453000 | 79406000 |
| Saturday, January 1, 2022 | 15265000 | 49283000 |
| Sunday, January 1, 2023 | 25189000 | 17282730 |
Unleashing insights
In the ever-evolving world of biotechnology, research and development (R&D) investments are the lifeblood of innovation. Over the past decade, Verona Pharma plc and Soleno Therapeutics, Inc. have demonstrated contrasting strategies in their R&D expenditures. From 2014 to 2023, Verona Pharma's R&D spending surged by approximately 320%, peaking in 2021 with a remarkable 79 million USD. This reflects their aggressive pursuit of groundbreaking respiratory therapies. Meanwhile, Soleno Therapeutics, focusing on rare diseases, saw a more modest increase of around 1,000% in the same period, with a notable spike in 2023. This divergence highlights the varied approaches within the biotech sector, where Verona's consistent high investment contrasts with Soleno's strategic spikes. As these companies continue to innovate, their R&D investments will undoubtedly shape the future of healthcare, offering hope for new treatments and cures.
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