__timestamp | Agios Pharmaceuticals, Inc. | Geron Corporation |
---|---|---|
Wednesday, January 1, 2014 | 100371000 | 8901000 |
Thursday, January 1, 2015 | 141827000 | 9574000 |
Friday, January 1, 2016 | 220163000 | 14695000 |
Sunday, January 1, 2017 | 292681000 | 8437000 |
Monday, January 1, 2018 | 1397000 | 12723000 |
Tuesday, January 1, 2019 | 1317000 | 51272000 |
Wednesday, January 1, 2020 | 2805000 | 50052000 |
Friday, January 1, 2021 | 18777000 | 783000 |
Saturday, January 1, 2022 | 1704000 | 868000 |
Sunday, January 1, 2023 | 9504000 | 123740000 |
Monday, January 1, 2024 | 4165000 |
Unleashing the power of data
In the competitive landscape of biotechnology, cost efficiency is a critical factor for success. This analysis delves into the cost of revenue trends for Agios Pharmaceuticals, Inc. and Geron Corporation from 2014 to 2023. Agios Pharmaceuticals initially led with a cost of revenue peaking in 2017, but experienced a dramatic 99% decrease by 2018. In contrast, Geron Corporation maintained a more stable trajectory, with a notable spike in 2023, reaching its highest cost of revenue. This suggests a strategic shift or increased operational costs. Over the decade, Agios showed a 90% reduction in cost of revenue, while Geron saw a 1,300% increase. These trends highlight the dynamic nature of financial strategies in the biotech sector, where companies must balance innovation with cost management to thrive.
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