| __timestamp | ADMA Biologics, Inc. | Evotec SE |
|---|---|---|
| Wednesday, January 1, 2014 | 9517014 | 12404000 |
| Thursday, January 1, 2015 | 7015946 | 18343000 |
| Friday, January 1, 2016 | 7688238 | 18108000 |
| Sunday, January 1, 2017 | 6229587 | 17614000 |
| Monday, January 1, 2018 | 3926120 | 35619000 |
| Tuesday, January 1, 2019 | 2343848 | 58432000 |
| Wednesday, January 1, 2020 | 5907013 | 63945000 |
| Friday, January 1, 2021 | 3646060 | 72200000 |
| Saturday, January 1, 2022 | 3613764 | 76642000 |
| Sunday, January 1, 2023 | 3300000 | 57519000 |
Cracking the code
In the competitive world of biotechnology, innovation is key. ADMA Biologics, Inc. and Evotec SE are two companies that have consistently invested in research and development (R&D) over the past decade. From 2014 to 2023, Evotec SE has shown a remarkable commitment to innovation, with R&D expenses growing by over 360%, peaking at approximately €76 million in 2022. In contrast, ADMA Biologics, Inc. has seen a decline in R&D spending, dropping by about 65% from its 2014 levels. This divergence highlights Evotec SE's strategic focus on innovation, positioning it as a leader in the biotech sector. As the industry evolves, the ability to invest in R&D will likely determine the future leaders in biotechnology.
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