| __timestamp | BioMarin Pharmaceutical Inc. | Bristol-Myers Squibb Company |
|---|---|---|
| Wednesday, January 1, 2014 | 129764000 | 3932000000 |
| Thursday, January 1, 2015 | 152008000 | 3909000000 |
| Friday, January 1, 2016 | 209620000 | 4946000000 |
| Sunday, January 1, 2017 | 241786000 | 6066000000 |
| Monday, January 1, 2018 | 315264000 | 6547000000 |
| Tuesday, January 1, 2019 | 359466000 | 8078000000 |
| Wednesday, January 1, 2020 | 524272000 | 11773000000 |
| Friday, January 1, 2021 | 470515000 | 9940000000 |
| Saturday, January 1, 2022 | 483669000 | 10137000000 |
| Sunday, January 1, 2023 | 577065000 | 10693000000 |
| Monday, January 1, 2024 | 580235000 | 11949000000 |
Igniting the spark of knowledge
In the competitive landscape of pharmaceuticals, cost efficiency is paramount. This analysis delves into the cost of revenue trends for Bristol-Myers Squibb Company and BioMarin Pharmaceutical Inc. from 2014 to 2023. Over this period, Bristol-Myers Squibb consistently outpaced BioMarin in cost of revenue, with figures peaking at approximately $10.7 billion in 2023, a staggering 1,750% higher than BioMarin's $577 million. Notably, Bristol-Myers Squibb's cost of revenue grew by 172% from 2014 to 2023, reflecting its expansive operations and market reach. In contrast, BioMarin's cost of revenue increased by 345%, indicating a significant scaling of its operations. This data underscores the differing scales and strategies of these two industry players, offering insights into their operational efficiencies and market strategies. As the pharmaceutical industry evolves, understanding these financial dynamics is crucial for stakeholders and investors alike.
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