__timestamp | Bio-Techne Corporation | Geron Corporation |
---|---|---|
Wednesday, January 1, 2014 | 106352000 | 8901000 |
Thursday, January 1, 2015 | 144969000 | 9574000 |
Friday, January 1, 2016 | 162364000 | 14695000 |
Sunday, January 1, 2017 | 188462000 | 8437000 |
Monday, January 1, 2018 | 210850000 | 12723000 |
Tuesday, January 1, 2019 | 240515000 | 51272000 |
Wednesday, January 1, 2020 | 255497000 | 50052000 |
Friday, January 1, 2021 | 298182000 | 783000 |
Saturday, January 1, 2022 | 349103000 | 868000 |
Sunday, January 1, 2023 | 366887000 | 123740000 |
Monday, January 1, 2024 | 389335000 |
In the ever-evolving biotech industry, cost efficiency is a critical factor for success. This analysis delves into the cost of revenue trends for Bio-Techne Corporation and Geron Corporation from 2014 to 2023. Bio-Techne has consistently demonstrated robust growth, with its cost of revenue increasing by approximately 266% over the decade, peaking at nearly $389 million in 2023. In contrast, Geron Corporation's cost of revenue has shown more volatility, with a significant spike in 2023, reaching $124 million, a stark increase from previous years.
Bio-Techne's steady rise reflects its strategic investments and operational efficiency, while Geron's fluctuating costs suggest a more dynamic approach to market challenges. Notably, data for 2024 is incomplete, highlighting the need for ongoing analysis. This comparison underscores the diverse strategies within the biotech sector, offering valuable insights for investors and industry stakeholders.
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