| __timestamp | Neurocrine Biosciences, Inc. | Xencor, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 46425000 | 18516000 |
| Thursday, January 1, 2015 | 81491000 | 34140000 |
| Friday, January 1, 2016 | 94291000 | 51872000 |
| Sunday, January 1, 2017 | 121827000 | 71772000 |
| Monday, January 1, 2018 | 160524000 | 97501000 |
| Tuesday, January 1, 2019 | 200000000 | 118590000 |
| Wednesday, January 1, 2020 | 275000000 | 169802000 |
| Friday, January 1, 2021 | 328100000 | 192507000 |
| Saturday, January 1, 2022 | 463800000 | 199563000 |
| Sunday, January 1, 2023 | 565000000 | 253598000 |
| Monday, January 1, 2024 | 731100000 |
Igniting the spark of knowledge
In the competitive world of biotechnology, research and development (R&D) spending is a key indicator of a company's commitment to innovation. Over the past decade, Neurocrine Biosciences, Inc. and Xencor, Inc. have demonstrated contrasting approaches to R&D investment. From 2014 to 2023, Neurocrine Biosciences increased its R&D spending by over 1,100%, reaching a peak in 2023. In contrast, Xencor, Inc. saw a more modest increase of around 1,270% during the same period. This disparity highlights Neurocrine's aggressive push towards innovation, outpacing Xencor's growth in R&D expenditure. The data suggests that Neurocrine is prioritizing innovation to maintain its competitive edge, while Xencor is taking a more measured approach. As the biotech industry continues to evolve, these investment strategies will likely play a crucial role in shaping the future of both companies.
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