Analyzing Cost of Revenue: Ionis Pharmaceuticals, Inc. and Celldex Therapeutics, Inc.

Biotech Revenue Costs: Ionis vs. Celldex (2014-2023)

__timestampCelldex Therapeutics, Inc.Ionis Pharmaceuticals, Inc.
Wednesday, January 1, 2014101881000241751000
Thursday, January 1, 20154011000322292000
Friday, January 1, 2016102026000344320000
Sunday, January 1, 201796171000374644000
Monday, January 1, 2018664490001820000
Tuesday, January 1, 2019426720004000000
Wednesday, January 1, 20204253400012000000
Friday, January 1, 2021306800011000000
Saturday, January 1, 2022140000014000000
Sunday, January 1, 202330080009133000
Monday, January 1, 202411215000
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Unveiling the hidden dimensions of data

Analyzing Cost of Revenue Trends in Biotech Giants

In the ever-evolving landscape of biotechnology, understanding financial trends is crucial. This analysis delves into the cost of revenue for two prominent players: Ionis Pharmaceuticals, Inc. and Celldex Therapeutics, Inc., from 2014 to 2023. Over this period, Ionis Pharmaceuticals consistently reported higher costs, peaking in 2017 with a staggering 374 million USD, while Celldex's highest was in 2016 at 102 million USD. Notably, Ionis's cost of revenue in 2017 was nearly four times that of Celldex's peak, highlighting its expansive operational scale.

However, both companies experienced significant fluctuations. Celldex saw a dramatic 98% drop from its 2014 figures by 2022, reflecting strategic shifts or operational efficiencies. Meanwhile, Ionis's costs plummeted by 97% from 2017 to 2018, indicating potential restructuring or cost-cutting measures. These insights underscore the dynamic nature of financial management in the biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025