__timestamp | CRISPR Therapeutics AG | Opthea Limited |
---|---|---|
Wednesday, January 1, 2014 | 1513000 | 3401685 |
Thursday, January 1, 2015 | 12573000 | 4284228 |
Friday, January 1, 2016 | 42238000 | 3581295 |
Sunday, January 1, 2017 | 69800000 | 4838300 |
Monday, January 1, 2018 | 113773000 | 24891534 |
Tuesday, January 1, 2019 | 179362000 | 31347891 |
Wednesday, January 1, 2020 | 266946000 | 17480747 |
Friday, January 1, 2021 | 438633000 | 34710152 |
Saturday, January 1, 2022 | 461645000 | 108459978 |
Sunday, January 1, 2023 | 387332000 | 181563523 |
Monday, January 1, 2024 | 320653000 | 176326321 |
Unlocking the unknown
In the ever-evolving landscape of biotechnology, innovation is the key to staying ahead. Two companies, Opthea Limited and CRISPR Therapeutics AG, have been at the forefront of this race, each with a unique approach to research and development (R&D) spending.
From 2014 to 2023, CRISPR Therapeutics AG has consistently outpaced Opthea Limited in R&D investment, with a peak in 2022 where their spending was approximately 2.5 times higher. However, Opthea Limited has shown remarkable growth, increasing its R&D expenses by over 500% from 2014 to 2023.
While CRISPR Therapeutics AG leads in absolute spending, Opthea Limited's rapid growth in R&D investment signals a strong commitment to innovation. As we look to the future, these trends highlight the dynamic nature of the biotech industry and the critical role of strategic investment in shaping its trajectory.
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