Bio-Techne Corporation vs Agios Pharmaceuticals, Inc.: Efficiency in Cost of Revenue Explored

Biotech Cost Efficiency: Bio-Techne vs. Agios Pharmaceuticals

__timestampAgios Pharmaceuticals, Inc.Bio-Techne Corporation
Wednesday, January 1, 2014100371000106352000
Thursday, January 1, 2015141827000144969000
Friday, January 1, 2016220163000162364000
Sunday, January 1, 2017292681000188462000
Monday, January 1, 20181397000210850000
Tuesday, January 1, 20191317000240515000
Wednesday, January 1, 20202805000255497000
Friday, January 1, 202118777000298182000
Saturday, January 1, 20221704000349103000
Sunday, January 1, 20239504000366887000
Monday, January 1, 20244165000389335000
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In pursuit of knowledge

Exploring Cost Efficiency in the Bio-Tech Industry

In the ever-evolving landscape of biotechnology, understanding cost efficiency is crucial. This analysis delves into the cost of revenue trends for Bio-Techne Corporation and Agios Pharmaceuticals, Inc. from 2014 to 2023. Bio-Techne consistently demonstrates robust cost management, with a steady increase in cost of revenue, peaking at approximately $389 million in 2023. This represents a 266% increase from 2014, showcasing their strategic growth.

Conversely, Agios Pharmaceuticals experienced a volatile trajectory. After a peak in 2017, their cost of revenue plummeted by over 99% in 2018, reflecting strategic shifts or operational challenges. By 2023, Agios showed signs of recovery, yet their cost efficiency remains a focal point for investors.

This comparative analysis highlights the importance of strategic cost management in sustaining growth and competitiveness in the biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025