Bristol-Myers Squibb Company and Corcept Therapeutics Incorporated: A Detailed Gross Profit Analysis

Pharma Giants: A Decade of Profit Growth

__timestampBristol-Myers Squibb CompanyCorcept Therapeutics Incorporated
Wednesday, January 1, 20141194700000025669000
Thursday, January 1, 20151265100000048925000
Friday, January 1, 20161448100000079263000
Sunday, January 1, 201714710000000155647000
Monday, January 1, 201816014000000246032000
Tuesday, January 1, 201918067000000300982000
Wednesday, January 1, 202030745000000348292000
Friday, January 1, 202136445000000360697000
Saturday, January 1, 202236022000000396473000
Sunday, January 1, 202334313000000475894000
Monday, January 1, 202436351000000
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Unleashing the power of data

A Tale of Two Companies: Bristol-Myers Squibb and Corcept Therapeutics

In the ever-evolving pharmaceutical industry, understanding financial health is crucial. This analysis delves into the gross profit trends of Bristol-Myers Squibb Company and Corcept Therapeutics Incorporated from 2014 to 2023. Over this period, Bristol-Myers Squibb demonstrated a robust growth trajectory, with its gross profit peaking in 2021 at approximately 36 billion, marking a 204% increase from 2014. In contrast, Corcept Therapeutics, while smaller in scale, showed a remarkable growth rate, with its gross profit surging by over 1,750% from 2014 to 2023, reaching nearly 476 million. This stark contrast highlights the diverse strategies and market positions of these two companies. As Bristol-Myers Squibb capitalizes on its expansive portfolio, Corcept Therapeutics continues to carve its niche in the market, showcasing the dynamic nature of the pharmaceutical sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025