Comparing Cost of Revenue Efficiency: Halozyme Therapeutics, Inc. vs Celldex Therapeutics, Inc.

Biotech Cost Efficiency: Halozyme vs. Celldex Over a Decade

__timestampCelldex Therapeutics, Inc.Halozyme Therapeutics, Inc.
Wednesday, January 1, 201410188100022732000
Thursday, January 1, 2015401100029245000
Friday, January 1, 201610202600033206000
Sunday, January 1, 20179617100031152000
Monday, January 1, 20186644900010136000
Tuesday, January 1, 20194267200045546000
Wednesday, January 1, 20204253400043367000
Friday, January 1, 2021306800081413000
Saturday, January 1, 20221400000139304000
Sunday, January 1, 20233008000192361000
Monday, January 1, 2024159417000
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Cracking the code

A Tale of Two Therapeutics: Cost Efficiency in Focus

In the competitive landscape of biotechnology, cost efficiency is a critical metric for success. This analysis compares the cost of revenue for Halozyme Therapeutics, Inc. and Celldex Therapeutics, Inc. over a decade, from 2014 to 2023. Halozyme has demonstrated a remarkable upward trend, with its cost of revenue peaking at approximately $192 million in 2023, a staggering 740% increase from 2014. In contrast, Celldex's cost of revenue has fluctuated, reaching its highest point in 2016 at around $102 million, before declining significantly to just over $3 million in 2023. This divergence highlights Halozyme's strategic efficiency improvements, while Celldex faces challenges in maintaining cost stability. As the biotech industry evolves, these insights underscore the importance of financial agility and strategic planning in sustaining growth and competitiveness.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025