BioMarin Pharmaceutical Inc. and Arrowhead Pharmaceuticals, Inc.: A Detailed Gross Profit Analysis

Biotech Giants: A Decade of Gross Profit Growth

__timestampArrowhead Pharmaceuticals, Inc.BioMarin Pharmaceutical Inc.
Wednesday, January 1, 2014175000621276000
Thursday, January 1, 2015382000737887000
Friday, January 1, 2016158333907234000
Sunday, January 1, 2017314077091071860000
Monday, January 1, 2018161423211175948000
Tuesday, January 1, 20191687955771344582000
Wednesday, January 1, 2020879920661336183000
Friday, January 1, 20211382870001375760000
Saturday, January 1, 20222328100001612370000
Sunday, January 1, 20232407350001842161000
Monday, January 1, 202435510002273680000
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Infusing magic into the data realm

A Comparative Analysis of Gross Profit Trends in Biotech

BioMarin vs. Arrowhead: A Decade of Growth

In the ever-evolving biotech industry, understanding financial trends is crucial. This analysis delves into the gross profit trajectories of BioMarin Pharmaceutical Inc. and Arrowhead Pharmaceuticals, Inc. from 2014 to 2023. BioMarin, a leader in rare disease therapies, consistently outperformed Arrowhead, with gross profits peaking at approximately $1.84 billion in 2023, marking a 196% increase from 2014. In contrast, Arrowhead, known for its RNA interference therapies, showed a remarkable growth of over 137,000% in the same period, reaching $240 million in 2023. However, 2024 data for BioMarin is missing, indicating potential reporting delays or strategic shifts. This decade-long analysis highlights the dynamic nature of biotech financials, emphasizing the importance of innovation and market adaptation. Stay tuned for more insights into the financial health of leading biotech firms.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025