| __timestamp | Celldex Therapeutics, Inc. | Sarepta Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 104381000 | 94231000 |
| Thursday, January 1, 2015 | 100171000 | 146394000 |
| Friday, January 1, 2016 | 102726000 | 188272000 |
| Sunday, January 1, 2017 | 96171000 | 166707000 |
| Monday, January 1, 2018 | 66449000 | 401843000 |
| Tuesday, January 1, 2019 | 42672000 | 560909000 |
| Wednesday, January 1, 2020 | 42534000 | 722343000 |
| Friday, January 1, 2021 | 53311000 | 771182000 |
| Saturday, January 1, 2022 | 82258000 | 877090000 |
| Sunday, January 1, 2023 | 118011000 | 877387000 |
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, Sarepta Therapeutics, Inc. and Celldex Therapeutics, Inc. have demonstrated contrasting approaches to R&D investment. From 2014 to 2023, Sarepta's R&D expenses surged by over 830%, peaking in 2023 with a staggering 877 million dollars. In contrast, Celldex's R&D spending showed a more modest increase of approximately 13% over the same period, reaching 118 million dollars in 2023. This stark difference highlights Sarepta's aggressive pursuit of innovation, while Celldex maintains a more conservative approach. As the biotech industry continues to evolve, these spending patterns may influence each company's ability to bring groundbreaking therapies to market, ultimately impacting their competitive standing and market share.
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