__timestamp | Opthea Limited | Zoetis Inc. |
---|---|---|
Wednesday, January 1, 2014 | 3401685 | 396000000 |
Thursday, January 1, 2015 | 4284228 | 364000000 |
Friday, January 1, 2016 | 3581295 | 376000000 |
Sunday, January 1, 2017 | 4838300 | 382000000 |
Monday, January 1, 2018 | 24891534 | 432000000 |
Tuesday, January 1, 2019 | 31347891 | 457000000 |
Wednesday, January 1, 2020 | 17480747 | 463000000 |
Friday, January 1, 2021 | 34710152 | 508000000 |
Saturday, January 1, 2022 | 108459978 | 539000000 |
Sunday, January 1, 2023 | 181563523 | 614000000 |
Monday, January 1, 2024 | 176326321 | 686000000 |
Infusing magic into the data realm
In the ever-evolving landscape of pharmaceuticals, research and development (R&D) investment is a critical driver of innovation and growth. Over the past decade, Zoetis Inc. and Opthea Limited have demonstrated contrasting strategies in their R&D expenditures.
Zoetis Inc., a leader in animal health, has consistently increased its R&D spending, peaking at approximately $614 million in 2023. This represents a robust 55% growth from 2014, underscoring their commitment to innovation in veterinary medicine.
Opthea Limited, focusing on ophthalmic treatments, has shown a dramatic rise in R&D investment, with a staggering 5,200% increase from 2014 to 2023. This surge highlights their aggressive pursuit of breakthroughs in eye disease therapies.
While Zoetis maintains a steady course, Opthea's rapid escalation in R&D spending signals a bold strategy to capture market share in a competitive field.
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