| __timestamp | Alnylam Pharmaceuticals, Inc. | Incyte Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 190249000 | 347523000 |
| Thursday, January 1, 2015 | 276495000 | 479514000 |
| Friday, January 1, 2016 | 382392000 | 581861000 |
| Sunday, January 1, 2017 | 390635000 | 1326361000 |
| Monday, January 1, 2018 | 505420000 | 1197957000 |
| Tuesday, January 1, 2019 | 655114000 | 1154111000 |
| Wednesday, January 1, 2020 | 654819000 | 2215942000 |
| Friday, January 1, 2021 | 792156000 | 1458179000 |
| Saturday, January 1, 2022 | 883015000 | 1585936000 |
| Sunday, January 1, 2023 | 1004415000 | 1627594000 |
| Monday, January 1, 2024 | 1126232000 | 2606848000 |
Igniting the spark of knowledge
In the competitive world of pharmaceuticals, innovation is key to staying ahead. Alnylam Pharmaceuticals, Inc. and Incyte Corporation have been at the forefront of this race, investing heavily in research and development (R&D) over the past decade. From 2014 to 2023, Alnylam increased its R&D spending by over 400%, while Incyte's investment grew by approximately 370%. This commitment to innovation is evident in their financial strategies, with both companies consistently allocating a significant portion of their budgets to R&D. In 2023, Alnylam's R&D expenses reached nearly 1 billion dollars, marking a substantial increase from 2014. Meanwhile, Incyte's R&D spending peaked at over 1.6 billion dollars in the same year. These figures highlight the companies' dedication to pioneering new treatments and therapies, ensuring they remain leaders in the pharmaceutical industry.
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