Analyzing Cost of Revenue: AbbVie Inc. and CRISPR Therapeutics AG

Biotech Giants: Cost Dynamics of AbbVie vs. CRISPR

__timestampAbbVie Inc.CRISPR Therapeutics AG
Wednesday, January 1, 201444260000001513000
Thursday, January 1, 2015450000000012573000
Friday, January 1, 2016583300000042238000
Sunday, January 1, 2017704000000069800000
Monday, January 1, 20187718000000113773000
Tuesday, January 1, 20197439000000179362000
Wednesday, January 1, 202015387000000269407000
Friday, January 1, 20211744600000017953000
Saturday, January 1, 202217414000000110250000
Sunday, January 1, 202320415000000130250000
Monday, January 1, 202416904000000-2314000
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Infusing magic into the data realm

Analyzing Cost of Revenue: AbbVie Inc. vs. CRISPR Therapeutics AG

In the ever-evolving landscape of biotechnology, understanding the cost dynamics of leading companies is crucial. AbbVie Inc., a pharmaceutical giant, and CRISPR Therapeutics AG, a pioneer in gene editing, present a fascinating contrast in their cost of revenue over the past decade. From 2014 to 2023, AbbVie's cost of revenue surged by approximately 360%, reflecting its expansive growth and increased production capabilities. In contrast, CRISPR Therapeutics AG, with its innovative yet nascent technologies, saw a more modest increase of around 86% in the same period.

Key Insights

  • AbbVie Inc.: The company's cost of revenue peaked in 2023, reaching nearly five times its 2014 value, indicative of its aggressive market strategies and product diversification.
  • CRISPR Therapeutics AG: Despite a smaller scale, the company has shown consistent growth, with notable spikes in 2018 and 2020, aligning with its strategic advancements in gene-editing technologies.

This analysis underscores the diverse financial trajectories of established and emerging biotech firms, offering valuable insights for investors and industry enthusiasts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025