__timestamp | Bio-Techne Corporation | Lantheus Holdings, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 106352000 | 176081000 |
Thursday, January 1, 2015 | 144969000 | 157939000 |
Friday, January 1, 2016 | 162364000 | 164073000 |
Sunday, January 1, 2017 | 188462000 | 169243000 |
Monday, January 1, 2018 | 210850000 | 168489000 |
Tuesday, January 1, 2019 | 240515000 | 172526000 |
Wednesday, January 1, 2020 | 255497000 | 200649000 |
Friday, January 1, 2021 | 298182000 | 237513000 |
Saturday, January 1, 2022 | 349103000 | 353358000 |
Sunday, January 1, 2023 | 366887000 | 586886000 |
Monday, January 1, 2024 | 389335000 |
Igniting the spark of knowledge
In the ever-evolving landscape of the bio-tech industry, understanding cost efficiency is crucial for investors and stakeholders. This analysis delves into the cost of revenue trends for Bio-Techne Corporation and Lantheus Holdings, Inc. over the past decade. From 2014 to 2023, Bio-Techne Corporation's cost of revenue increased by approximately 266%, reflecting a strategic expansion and investment in innovation. Meanwhile, Lantheus Holdings, Inc. saw a staggering 233% rise in cost of revenue, peaking in 2023 with a notable 5.87 billion, indicating a significant operational scale-up.
Interestingly, 2023 marked a pivotal year where Lantheus Holdings surpassed Bio-Techne in cost of revenue, suggesting a shift in market dynamics. However, data for 2024 remains incomplete, leaving room for speculation on future trends. This comparative analysis offers a window into the financial strategies of these bio-tech giants, providing valuable insights for market watchers.
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