Comparing Cost of Revenue Efficiency: Amgen Inc. vs Biogen Inc.

Biotech Giants' Cost Efficiency: A Decade in Review

__timestampAmgen Inc.Biogen Inc.
Wednesday, January 1, 201444220000001171036000
Thursday, January 1, 201542270000001240400000
Friday, January 1, 201641620000001478700000
Sunday, January 1, 201740690000001630000000
Monday, January 1, 201841010000001816300000
Tuesday, January 1, 201943560000001955400000
Wednesday, January 1, 202061590000001805200000
Friday, January 1, 202164540000002109700000
Saturday, January 1, 202264060000002278300000
Sunday, January 1, 202384150000002533400000
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Igniting the spark of knowledge

A Decade of Cost Efficiency: Amgen Inc. vs Biogen Inc.

In the competitive landscape of biotechnology, cost efficiency is a critical factor for success. Over the past decade, Amgen Inc. and Biogen Inc. have demonstrated contrasting trends in their cost of revenue. From 2014 to 2023, Amgen's cost of revenue surged by approximately 90%, reflecting strategic investments and scaling operations. In contrast, Biogen's cost of revenue increased by about 116%, indicating a more aggressive expansion strategy.

Amgen's cost efficiency peaked in 2023, with a notable 31% increase from the previous year, reaching its highest point. Meanwhile, Biogen's cost of revenue also saw a significant rise, marking a 10% increase in the same period. These trends highlight the dynamic nature of the biotech industry, where companies must balance growth with cost management. As investors and stakeholders analyze these figures, the focus remains on how these giants will navigate future challenges and opportunities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025