AbbVie Inc. vs Teva Pharmaceutical Industries Limited: Efficiency in Cost of Revenue Explored

Cost Efficiency: AbbVie vs Teva from 2014 to 2023

__timestampAbbVie Inc.Teva Pharmaceutical Industries Limited
Wednesday, January 1, 201444260000009216000000
Thursday, January 1, 201545000000008296000000
Friday, January 1, 2016583300000010044000000
Sunday, January 1, 2017704000000011560000000
Monday, January 1, 2018771800000010558000000
Tuesday, January 1, 201974390000009351000000
Wednesday, January 1, 2020153870000008933000000
Friday, January 1, 2021174460000008284000000
Saturday, January 1, 2022174140000007952000000
Sunday, January 1, 2023204150000008200000000
Monday, January 1, 2024169040000008480000000
Loading chart...

Unlocking the unknown

Exploring Cost Efficiency in Pharmaceuticals: AbbVie Inc. vs Teva Pharmaceutical Industries

In the competitive landscape of pharmaceuticals, cost efficiency is paramount. From 2014 to 2023, AbbVie Inc. and Teva Pharmaceutical Industries Limited have showcased contrasting trends in their cost of revenue. AbbVie Inc. has seen a remarkable increase of approximately 361% in its cost of revenue, peaking in 2023. This growth reflects its aggressive expansion and investment in new drug development. In contrast, Teva's cost of revenue has decreased by about 14% over the same period, indicating a strategic shift towards cost optimization and efficiency.

Key Insights

  • AbbVie Inc.: A significant rise in cost of revenue, suggesting robust growth and expansion.
  • Teva Pharmaceutical: A steady decline, highlighting a focus on cost control and efficiency.

These trends underscore the diverse strategies employed by these pharmaceutical giants in navigating the industry's challenges.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025