Alnylam Pharmaceuticals, Inc. and Halozyme Therapeutics, Inc.: A Detailed Gross Profit Analysis

Biotech Giants: Alnylam vs. Halozyme's Profit Growth

__timestampAlnylam Pharmaceuticals, Inc.Halozyme Therapeutics, Inc.
Wednesday, January 1, 20145056100052602000
Thursday, January 1, 201541097000105812000
Friday, January 1, 201647159000113485000
Sunday, January 1, 201776545000285461000
Monday, January 1, 201873106000141726000
Tuesday, January 1, 2019194688000150446000
Wednesday, January 1, 2020414801000224227000
Friday, January 1, 2021704143000361897000
Saturday, January 1, 2022868601000520812000
Sunday, January 1, 20231517886000636892000
Monday, January 1, 20241924873000855907000
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Cracking the code

A Tale of Two Biotechs: Alnylam vs. Halozyme

In the dynamic world of biotechnology, Alnylam Pharmaceuticals and Halozyme Therapeutics have carved distinct paths over the past decade. From 2014 to 2023, Alnylam's gross profit surged by an astounding 2,900%, reflecting its strategic advancements and market penetration. In contrast, Halozyme's gross profit grew by approximately 1,100%, showcasing its steady yet impressive growth trajectory.

Year-on-Year Growth

Alnylam's gross profit leap from 2014's modest $51 million to a remarkable $1.5 billion in 2023 underscores its innovative prowess and market adaptability. Meanwhile, Halozyme's journey from $53 million to $637 million highlights its consistent performance and resilience in a competitive landscape.

The Bigger Picture

This analysis not only highlights the financial growth of these companies but also reflects broader trends in the biotech industry, where innovation and strategic execution are key to success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025