__timestamp | Celldex Therapeutics, Inc. | Halozyme Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 101881000 | 22732000 |
Thursday, January 1, 2015 | 4011000 | 29245000 |
Friday, January 1, 2016 | 102026000 | 33206000 |
Sunday, January 1, 2017 | 96171000 | 31152000 |
Monday, January 1, 2018 | 66449000 | 10136000 |
Tuesday, January 1, 2019 | 42672000 | 45546000 |
Wednesday, January 1, 2020 | 42534000 | 43367000 |
Friday, January 1, 2021 | 3068000 | 81413000 |
Saturday, January 1, 2022 | 1400000 | 139304000 |
Sunday, January 1, 2023 | 3008000 | 192361000 |
Monday, January 1, 2024 | 159417000 |
Cracking the code
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.
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