__timestamp | Viking Therapeutics, Inc. | Viridian Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 22223073 | 293000 |
Thursday, January 1, 2015 | 6966842 | 1002000 |
Friday, January 1, 2016 | 9000499 | 888000 |
Sunday, January 1, 2017 | 13741186 | 19623000 |
Monday, January 1, 2018 | 19040000 | 30421000 |
Tuesday, January 1, 2019 | 23559000 | 34794000 |
Wednesday, January 1, 2020 | 31931000 | 28304000 |
Friday, January 1, 2021 | 44981000 | 56886000 |
Saturday, January 1, 2022 | 54234000 | 100894000 |
Sunday, January 1, 2023 | 63806000 | 159765000 |
Igniting the spark of knowledge
In the competitive world of biotechnology, research and development (R&D) spending is a critical indicator of a company's commitment to innovation. Viking Therapeutics, Inc. and Viridian Therapeutics, Inc. have demonstrated contrasting strategies over the past decade. From 2014 to 2023, Viking Therapeutics increased its R&D expenses by nearly 190%, reaching a peak in 2023. Meanwhile, Viridian Therapeutics exhibited a staggering growth of over 54,000% in the same period, underscoring its aggressive investment in R&D. Notably, in 2023, Viridian's R&D spending was approximately 2.5 times that of Viking. This strategic focus on R&D highlights the companies' dedication to advancing their therapeutic pipelines. As the biotech industry continues to evolve, these investments may well determine the future leaders in innovative treatments.
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