__timestamp | BioMarin Pharmaceutical Inc. | Exelixis, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 129764000 | 2043000 |
Thursday, January 1, 2015 | 152008000 | 3895000 |
Friday, January 1, 2016 | 209620000 | 6552000 |
Sunday, January 1, 2017 | 241786000 | 15066000 |
Monday, January 1, 2018 | 315264000 | 26348000 |
Tuesday, January 1, 2019 | 359466000 | 33097000 |
Wednesday, January 1, 2020 | 524272000 | 36272000 |
Friday, January 1, 2021 | 470515000 | 52873000 |
Saturday, January 1, 2022 | 483669000 | 57909000 |
Sunday, January 1, 2023 | 577065000 | 72547000 |
Igniting the spark of knowledge
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 Exelixis, Inc. from 2014 to 2023. Over this period, BioMarin's cost of revenue surged by approximately 345%, reflecting its aggressive expansion and investment in research and development. In contrast, Exelixis demonstrated a more conservative growth of around 3,450%, albeit from a much smaller base, indicating a strategic focus on cost management.
BioMarin's cost of revenue peaked in 2023, reaching nearly five times its 2014 value, while Exelixis maintained a steady upward trajectory, showcasing its efficiency in managing operational costs. This comparison highlights the diverse strategies employed by these biotech leaders in navigating the financial demands of the industry.
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