__timestamp | Celldex Therapeutics, Inc. | Vertex Pharmaceuticals Incorporated |
---|---|---|
Wednesday, January 1, 2014 | 101881000 | 60987000 |
Thursday, January 1, 2015 | 4011000 | 125542000 |
Friday, January 1, 2016 | 102026000 | 210460000 |
Sunday, January 1, 2017 | 96171000 | 275119000 |
Monday, January 1, 2018 | 66449000 | 409539000 |
Tuesday, January 1, 2019 | 42672000 | 547758000 |
Wednesday, January 1, 2020 | 42534000 | 736300000 |
Friday, January 1, 2021 | 3068000 | 904200000 |
Saturday, January 1, 2022 | 1400000 | 1080300000 |
Sunday, January 1, 2023 | 3008000 | 1262200000 |
Monday, January 1, 2024 | 1530500000 |
Data in motion
In the ever-evolving landscape of biotechnology, understanding the cost of revenue is crucial for assessing a company's financial health. Over the past decade, Vertex Pharmaceuticals Incorporated has demonstrated a remarkable upward trend in its cost of revenue, surging by over 1,900% from 2014 to 2023. This growth reflects Vertex's expanding operations and increased production capabilities. In contrast, Celldex Therapeutics, Inc. has experienced a more volatile trajectory, with its cost of revenue peaking in 2016 and then declining by approximately 97% by 2023. This fluctuation may indicate strategic shifts or operational challenges within Celldex. The data highlights the contrasting financial strategies of these two biotech giants, offering insights into their market positioning and future potential. As the industry continues to innovate, monitoring these financial metrics will be key to understanding the competitive dynamics at play.
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