| __timestamp | Intra-Cellular Therapies, Inc. | Teva Pharmaceutical Industries Limited |
|---|---|---|
| Wednesday, January 1, 2014 | 21226345 | 1488000000 |
| Thursday, January 1, 2015 | 87718074 | 1525000000 |
| Friday, January 1, 2016 | 93831530 | 2111000000 |
| Sunday, January 1, 2017 | 79419009 | 1848000000 |
| Monday, January 1, 2018 | 132166913 | 1213000000 |
| Tuesday, January 1, 2019 | 89124838 | 1010000000 |
| Wednesday, January 1, 2020 | 65782137 | 997000000 |
| Friday, January 1, 2021 | 88845513 | 967000000 |
| Saturday, January 1, 2022 | 134715000 | 838000000 |
| Sunday, January 1, 2023 | 180142000 | 953000000 |
| Monday, January 1, 2024 | 998000000 |
Igniting the spark of knowledge
In the competitive world of pharmaceuticals, innovation is key. Over the past decade, Teva Pharmaceutical Industries Limited and Intra-Cellular Therapies, Inc. have shown contrasting approaches to research and development (R&D) investments. From 2014 to 2023, Teva consistently outspent Intra-Cellular Therapies, with R&D expenses peaking in 2016 at over twice the amount of its competitor. However, Intra-Cellular Therapies has shown a remarkable growth trajectory, increasing its R&D spending by over 750% from 2014 to 2023. This upward trend highlights its commitment to innovation, despite being a smaller player. Meanwhile, Teva's R&D investment has seen a gradual decline, dropping by about 36% from its 2016 peak. This data provides a fascinating insight into how these companies prioritize innovation, with Intra-Cellular Therapies rapidly closing the gap in recent years.
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