BioMarin Pharmaceutical Inc. vs BioCryst Pharmaceuticals, Inc.: Efficiency in Cost of Revenue Explored

Biotech Cost Efficiency: BioMarin vs. BioCryst

__timestampBioCryst Pharmaceuticals, Inc.BioMarin Pharmaceutical Inc.
Wednesday, January 1, 2014122000129764000
Thursday, January 1, 20151896000152008000
Friday, January 1, 20162699000209620000
Sunday, January 1, 20171702000241786000
Monday, January 1, 2018471000315264000
Tuesday, January 1, 20194101000359466000
Wednesday, January 1, 20201676000524272000
Friday, January 1, 20217264000470515000
Saturday, January 1, 20226594000483669000
Sunday, January 1, 20234661000577065000
Monday, January 1, 2024580235000
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Unleashing the power of data

Exploring Cost Efficiency in Biotech Giants: BioMarin vs. BioCryst

In the competitive landscape of biotechnology, cost efficiency is a critical factor for success. This analysis delves into the cost of revenue trends for BioMarin Pharmaceutical Inc. and BioCryst Pharmaceuticals, Inc. from 2014 to 2023. Over this period, BioMarin consistently reported a significantly higher cost of revenue, peaking at approximately $577 million in 2023, compared to BioCryst's $4.7 million. This stark contrast highlights BioMarin's expansive operations and market reach. However, BioCryst's leaner cost structure, with a 10-year average cost of revenue around $3.1 million, suggests a more streamlined approach. Notably, BioCryst's cost efficiency improved by over 3,700% from 2014 to 2023, while BioMarin's costs increased by 345%. These insights underscore the diverse strategies employed by biotech firms in managing operational expenses, reflecting their unique market positions and growth trajectories.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025