| __timestamp | Viatris Inc. | Xenon Pharmaceuticals Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 581800000 | 11768000 |
| Thursday, January 1, 2015 | 671900000 | 15152000 |
| Friday, January 1, 2016 | 876700000 | 19828000 |
| Sunday, January 1, 2017 | 857900000 | 25573000 |
| Monday, January 1, 2018 | 822200000 | 23634000 |
| Tuesday, January 1, 2019 | 778200000 | 38845000 |
| Wednesday, January 1, 2020 | 512600000 | 50523000 |
| Friday, January 1, 2021 | 681000000 | 75463000 |
| Saturday, January 1, 2022 | 662200000 | 105767000 |
| Sunday, January 1, 2023 | 910700000 | 167512000 |
In pursuit of knowledge
In the ever-evolving pharmaceutical industry, innovation is the lifeblood of progress. Viatris Inc. and Xenon Pharmaceuticals Inc. are two companies that exemplify this drive. Over the past decade, Viatris has consistently outpaced Xenon in research and development (R&D) spending, investing nearly 14 times more on average. In 2023, Viatris allocated approximately 91% of its R&D budget compared to Xenon's 9%, highlighting a significant commitment to innovation. However, Xenon has shown remarkable growth, increasing its R&D expenses by over 1,300% since 2014. This surge reflects Xenon's strategic focus on pioneering treatments. As the pharmaceutical landscape continues to shift, these investments underscore the critical role of R&D in shaping the future of healthcare.
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