__timestamp | AstraZeneca PLC | Biogen Inc. |
---|---|---|
Wednesday, January 1, 2014 | 5842000000 | 1171036000 |
Thursday, January 1, 2015 | 4646000000 | 1240400000 |
Friday, January 1, 2016 | 4126000000 | 1478700000 |
Sunday, January 1, 2017 | 4318000000 | 1630000000 |
Monday, January 1, 2018 | 4936000000 | 1816300000 |
Tuesday, January 1, 2019 | 4921000000 | 1955400000 |
Wednesday, January 1, 2020 | 5299000000 | 1805200000 |
Friday, January 1, 2021 | 12437000000 | 2109700000 |
Saturday, January 1, 2022 | 12391000000 | 2278300000 |
Sunday, January 1, 2023 | 8040000000 | 2533400000 |
Monday, January 1, 2024 | 10207000000 | 0 |
Unleashing insights
In the ever-evolving pharmaceutical industry, cost efficiency is a critical metric for success. From 2014 to 2023, AstraZeneca PLC and Biogen Inc. have showcased contrasting trajectories in their cost of revenue. AstraZeneca's cost of revenue surged by approximately 38% over this period, peaking in 2021 with a remarkable 124% increase compared to 2014. This reflects their aggressive expansion and investment in new drug development. In contrast, Biogen Inc. maintained a more stable cost structure, with a modest 116% increase from 2014 to 2023, highlighting their focus on operational efficiency.
The data reveals AstraZeneca's strategic shift in 2021, likely driven by their COVID-19 vaccine production, while Biogen's steady growth underscores their commitment to core therapeutic areas. As these two giants continue to navigate the competitive landscape, their cost efficiency strategies will be pivotal in shaping their future success.
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