| __timestamp | Grifols, S.A. | United Therapeutics Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 180753000 | 242549000 |
| Thursday, January 1, 2015 | 224193000 | 245098000 |
| Friday, January 1, 2016 | 197617000 | 147600000 |
| Sunday, January 1, 2017 | 288320000 | 264600000 |
| Monday, January 1, 2018 | 240661000 | 357900000 |
| Tuesday, January 1, 2019 | 276018000 | 1182600000 |
| Wednesday, January 1, 2020 | 294216000 | 357700000 |
| Friday, January 1, 2021 | 354881000 | 540100000 |
| Saturday, January 1, 2022 | 361140000 | 322900000 |
| Sunday, January 1, 2023 | 330551000 | 408000000 |
Igniting the spark of knowledge
In the competitive landscape of the pharmaceutical industry, innovation is key. United Therapeutics Corporation and Grifols, S.A. have been at the forefront of this race, investing heavily in research and development (R&D) over the past decade. From 2014 to 2023, United Therapeutics consistently outpaced Grifols, with an average R&D expenditure of approximately 48% more. Notably, in 2019, United Therapeutics' R&D spending peaked, reaching nearly four times its 2016 investment. Meanwhile, Grifols showed a steady increase, culminating in a 100% rise from 2014 to 2022. This trend underscores the strategic importance both companies place on innovation, yet highlights United Therapeutics' more aggressive approach. As the industry evolves, these investments will likely play a pivotal role in shaping the future of healthcare solutions.
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