| __timestamp | Blueprint Medicines Corporation | GSK plc |
|---|---|---|
| Wednesday, January 1, 2014 | 31844000 | 3450000000 |
| Thursday, January 1, 2015 | 48588000 | 3560000000 |
| Friday, January 1, 2016 | 81131000 | 3628000000 |
| Sunday, January 1, 2017 | 144687000 | 4476000000 |
| Monday, January 1, 2018 | 243621000 | 3893000000 |
| Tuesday, January 1, 2019 | 331450000 | 4568000000 |
| Wednesday, January 1, 2020 | 326860000 | 5098000000 |
| Friday, January 1, 2021 | 601033000 | 5278000000 |
| Saturday, January 1, 2022 | 477419000 | 5488000000 |
| Sunday, January 1, 2023 | 427720000 | 6223000000 |
| Monday, January 1, 2024 | 341433000 |
Unleashing the power of data
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, GSK plc and Blueprint Medicines Corporation have demonstrated contrasting approaches to R&D investment. GSK, a global healthcare giant, consistently allocated substantial resources, with R&D expenses peaking at approximately $6.2 billion in 2023, reflecting a 44% increase since 2014. In contrast, Blueprint Medicines, a smaller biotech firm, showed a remarkable growth trajectory, with R&D spending surging by over 1,200% from 2014 to 2021, reaching its highest at around $601 million. This stark difference highlights GSK's steady investment in maintaining its market position, while Blueprint Medicines aggressively scales its innovative capabilities. As the industry continues to prioritize groundbreaking therapies, these spending patterns offer valuable insights into each company's strategic focus.
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