Agios Pharmaceuticals, Inc. vs Iovance Biotherapeutics, Inc.: Efficiency in Cost of Revenue Explored

Biotech Giants: Agios vs. Iovance Cost Efficiency

__timestampAgios Pharmaceuticals, Inc.Iovance Biotherapeutics, Inc.
Wednesday, January 1, 20141003710009335772
Thursday, January 1, 2015141827000999000
Friday, January 1, 2016220163000978000
Sunday, January 1, 2017292681000952000
Monday, January 1, 20181397000956000
Tuesday, January 1, 201913170008122999
Wednesday, January 1, 202028050008712000
Friday, January 1, 20211877700013980000
Saturday, January 1, 2022170400021135000
Sunday, January 1, 2023950400010755000
Monday, January 1, 20244165000
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Unleashing insights

Exploring Cost Efficiency in Biotech: Agios vs. Iovance

In the competitive landscape of biotechnology, cost efficiency is paramount. Agios Pharmaceuticals, Inc. and Iovance Biotherapeutics, Inc. have shown contrasting trends in their cost of revenue from 2014 to 2023. Agios experienced a significant decline of approximately 90% in its cost of revenue, from a peak in 2017 to a low in 2018. This suggests a strategic shift or operational efficiency improvements. Meanwhile, Iovance's cost of revenue remained relatively stable, with a slight increase of around 14% over the same period, indicating consistent operational costs.

The data reveals that Agios's cost-cutting measures were more pronounced, especially post-2017, while Iovance maintained a steady course. This analysis provides valuable insights into how these companies manage their resources, offering a glimpse into their strategic priorities in the ever-evolving biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025