| __timestamp | Dr. Reddy's Laboratories Limited | Viking Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 12402000000 | 22223073 |
| Thursday, January 1, 2015 | 17449000000 | 6966842 |
| Friday, January 1, 2016 | 17834000000 | 9000499 |
| Sunday, January 1, 2017 | 19551000000 | 13741186 |
| Monday, January 1, 2018 | 18265000000 | 19040000 |
| Tuesday, January 1, 2019 | 15607000000 | 23559000 |
| Wednesday, January 1, 2020 | 15410000000 | 31931000 |
| Friday, January 1, 2021 | 16541000000 | 44981000 |
| Saturday, January 1, 2022 | 17482000000 | 54234000 |
| Sunday, January 1, 2023 | 19381000000 | 63806000 |
| Monday, January 1, 2024 | 22873000000 |
Unleashing insights
In the ever-evolving pharmaceutical industry, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Dr. Reddy's Laboratories Limited and Viking Therapeutics, Inc. offer a fascinating contrast in their R&D investments over the past decade. From 2014 to 2023, Dr. Reddy's consistently allocated a significant portion of its resources to R&D, with expenditures growing by approximately 85% over this period. In contrast, Viking Therapeutics, a smaller player, has shown a remarkable increase in its R&D spending, rising nearly 187% from 2014 to 2023, albeit from a much smaller base. This disparity highlights the different scales and strategies of these companies. While Dr. Reddy's focuses on maintaining its competitive edge, Viking Therapeutics is aggressively investing in innovation to carve out its niche in the market. The data for 2024 is incomplete, indicating ongoing developments in this dynamic field.
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