| __timestamp | Soleno Therapeutics, Inc. | United Therapeutics Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 2242216 | 242549000 |
| Thursday, January 1, 2015 | 4536244 | 245098000 |
| Friday, January 1, 2016 | 5184803 | 147600000 |
| Sunday, January 1, 2017 | 3068742 | 264600000 |
| Monday, January 1, 2018 | 7178000 | 357900000 |
| Tuesday, January 1, 2019 | 16267000 | 1182600000 |
| Wednesday, January 1, 2020 | 23191000 | 357700000 |
| Friday, January 1, 2021 | 21453000 | 540100000 |
| Saturday, January 1, 2022 | 15265000 | 322900000 |
| Sunday, January 1, 2023 | 25189000 | 408000000 |
Unlocking the unknown
In the competitive landscape of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Over the past decade, United Therapeutics Corporation and Soleno Therapeutics, Inc. have demonstrated contrasting strategies in their R&D investments. From 2014 to 2023, United Therapeutics consistently allocated substantial resources, with an average annual R&D expenditure of approximately $407 million, peaking at $1.18 billion in 2019. This reflects a robust commitment to advancing their pipeline and maintaining a competitive edge.
Conversely, Soleno Therapeutics, with a more modest average annual R&D spend of around $12 million, saw a significant increase in 2023, reaching $25 million. This surge suggests a strategic pivot towards enhancing their research capabilities. The disparity in R&D spending between these two companies highlights differing approaches to growth and innovation in the biotech sector.
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