Ascendis Pharma A/S vs Halozyme Therapeutics, Inc.: A Gross Profit Performance Breakdown

Biotech Giants' Gross Profit: A Decade of Growth and Strategy

__timestampAscendis Pharma A/SHalozyme Therapeutics, Inc.
Wednesday, January 1, 20141398300052602000
Thursday, January 1, 20158118000105812000
Friday, January 1, 20164606000113485000
Sunday, January 1, 20171530000285461000
Monday, January 1, 201810581000141726000
Tuesday, January 1, 201913375000150446000
Wednesday, January 1, 20206953000224227000
Friday, January 1, 20214255000361897000
Saturday, January 1, 202239037000520812000
Sunday, January 1, 2023222323000636892000
Monday, January 1, 2024319383000855907000
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Unveiling the hidden dimensions of data

A Tale of Two Biotechs: Gross Profit Trends from 2014 to 2023

In the competitive world of biotechnology, Ascendis Pharma A/S and Halozyme Therapeutics, Inc. have showcased intriguing financial trajectories over the past decade. From 2014 to 2023, Halozyme Therapeutics consistently outperformed Ascendis Pharma in terms of gross profit, with a remarkable 1,110% increase, peaking at $637 million in 2023. In contrast, Ascendis Pharma experienced a more modest growth of 1,490%, reaching $222 million in the same year. This stark difference highlights Halozyme's strategic prowess in capitalizing on market opportunities. Notably, both companies saw significant growth in 2022, with Ascendis Pharma's gross profit surging by 900% and Halozyme's by 44% compared to the previous year. As the biotech industry continues to evolve, these financial insights provide a glimpse into the dynamic strategies and market positions of these two innovative companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025