__timestamp | AstraZeneca PLC | Teva Pharmaceutical Industries Limited |
---|---|---|
Wednesday, January 1, 2014 | 5842000000 | 9216000000 |
Thursday, January 1, 2015 | 4646000000 | 8296000000 |
Friday, January 1, 2016 | 4126000000 | 10044000000 |
Sunday, January 1, 2017 | 4318000000 | 11560000000 |
Monday, January 1, 2018 | 4936000000 | 10558000000 |
Tuesday, January 1, 2019 | 4921000000 | 9351000000 |
Wednesday, January 1, 2020 | 5299000000 | 8933000000 |
Friday, January 1, 2021 | 12437000000 | 8284000000 |
Saturday, January 1, 2022 | 12391000000 | 7952000000 |
Sunday, January 1, 2023 | 8040000000 | 8200000000 |
Monday, January 1, 2024 | 10207000000 | 8480000000 |
Unlocking the unknown
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.
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