AstraZeneca PLC vs Teva Pharmaceutical Industries Limited: Efficiency in Cost of Revenue Explored

AstraZeneca vs. Teva: Cost Efficiency Battle Unveiled

__timestampAstraZeneca PLCTeva Pharmaceutical Industries Limited
Wednesday, January 1, 201458420000009216000000
Thursday, January 1, 201546460000008296000000
Friday, January 1, 2016412600000010044000000
Sunday, January 1, 2017431800000011560000000
Monday, January 1, 2018493600000010558000000
Tuesday, January 1, 201949210000009351000000
Wednesday, January 1, 202052990000008933000000
Friday, January 1, 2021124370000008284000000
Saturday, January 1, 2022123910000007952000000
Sunday, January 1, 202380400000008200000000
Monday, January 1, 2024102070000008480000000
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Unlocking the unknown

AstraZeneca vs. Teva: A Decade of Cost Efficiency

In the ever-evolving pharmaceutical industry, cost efficiency is a critical factor for success. Over the past decade, AstraZeneca PLC and Teva Pharmaceutical Industries Limited have showcased contrasting trends in their cost of revenue. From 2014 to 2023, AstraZeneca's cost of revenue increased by approximately 38%, peaking in 2021 and 2022, while Teva's costs decreased by about 14% over the same period. This divergence highlights AstraZeneca's strategic investments in innovation and expansion, whereas Teva has focused on streamlining operations and cost-cutting measures. Notably, AstraZeneca's cost of revenue surged by 135% from 2020 to 2021, reflecting its aggressive growth strategy. Meanwhile, Teva's consistent reduction in costs underscores its commitment to efficiency. As the pharmaceutical landscape continues to shift, these companies' approaches to managing costs will be pivotal in determining their future market positions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025