__timestamp | Dr. Reddy's Laboratories Limited | argenx SE |
---|---|---|
Wednesday, January 1, 2014 | 12402000000 | 15411924 |
Thursday, January 1, 2015 | 17449000000 | 22593274 |
Friday, January 1, 2016 | 17834000000 | 33173050 |
Sunday, January 1, 2017 | 19551000000 | 62224159 |
Monday, January 1, 2018 | 18265000000 | 95607434 |
Tuesday, January 1, 2019 | 15607000000 | 221269028 |
Wednesday, January 1, 2020 | 15410000000 | 400745069 |
Friday, January 1, 2021 | 16541000000 | 580520000 |
Saturday, January 1, 2022 | 17482000000 | 663366000 |
Sunday, January 1, 2023 | 19381000000 | 755113687 |
Monday, January 1, 2024 | 22873000000 |
Data in motion
In the ever-evolving pharmaceutical industry, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Dr. Reddy's Laboratories Limited and argenx SE have demonstrated contrasting approaches to R&D investment. From 2014 to 2023, Dr. Reddy's consistently allocated a significant portion of its resources to R&D, with expenditures peaking in 2024. This reflects a steady growth trend, with an increase of approximately 84% over the period. In contrast, argenx SE, a relatively newer player, has shown a remarkable growth trajectory, with R&D spending surging by over 4,800% from 2014 to 2023. This rapid increase underscores argenx SE's aggressive push towards innovation, despite its smaller scale. The data highlights the diverse strategies employed by these companies in their quest for pharmaceutical breakthroughs.
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