Bristol-Myers Squibb Company and Exelixis, Inc.: A Detailed Gross Profit Analysis

Biopharma Giants: BMY vs. EXEL Gross Profit Growth

__timestampBristol-Myers Squibb CompanyExelixis, Inc.
Wednesday, January 1, 20141194700000023068000
Thursday, January 1, 20151265100000033277000
Friday, January 1, 201614481000000184902000
Sunday, January 1, 201714710000000437411000
Monday, January 1, 201816014000000827478000
Tuesday, January 1, 201918067000000934678000
Wednesday, January 1, 202030745000000951266000
Friday, January 1, 2021364450000001382097000
Saturday, January 1, 2022360220000001553153000
Sunday, January 1, 2023343130000001757661000
Monday, January 1, 2024363510000002168701000
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Unleashing insights

A Tale of Two Biopharma Giants: Bristol-Myers Squibb and Exelixis

In the ever-evolving landscape of biopharmaceuticals, Bristol-Myers Squibb Company (BMY) and Exelixis, Inc. (EXEL) have carved distinct paths over the past decade. From 2014 to 2023, BMY's gross profit surged by nearly 187%, peaking in 2021 with a remarkable 36.4 billion. This growth reflects strategic acquisitions and a robust pipeline of innovative therapies. In contrast, Exelixis, a smaller player, demonstrated a tenfold increase in gross profit, reaching 1.76 billion in 2023. This growth underscores its successful focus on oncology treatments. While BMY's profits dwarf those of Exelixis, the latter's rapid growth trajectory highlights its potential in the competitive biotech sector. As these companies continue to innovate, investors and industry watchers should keep a keen eye on their evolving strategies and market impacts.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025