Comparing Cost of Revenue Efficiency: Intra-Cellular Therapies, Inc. vs Celldex Therapeutics, Inc.

Biotech Cost Efficiency: A Decade of Change

__timestampCelldex Therapeutics, Inc.Intra-Cellular Therapies, Inc.
Wednesday, January 1, 201410188100021226345
Thursday, January 1, 20154011000139626
Friday, January 1, 201610202600093831530
Sunday, January 1, 20179617100079419009
Monday, January 1, 201866449000368673
Tuesday, January 1, 201942672000477121
Wednesday, January 1, 2020425340001895029
Friday, January 1, 202130680008034589
Saturday, January 1, 2022140000020443000
Sunday, January 1, 2023300800033745000
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Infusing magic into the data realm

A Tale of Two Biotechs: Cost Efficiency in Focus

In the competitive world of biotechnology, cost efficiency can be a decisive factor for success. This analysis compares the cost of revenue efficiency between Intra-Cellular Therapies, Inc. and Celldex Therapeutics, Inc. over the past decade. From 2014 to 2023, Celldex Therapeutics experienced a significant fluctuation in its cost of revenue, peaking in 2014 and 2016 with over $100 million, before dropping to just $3 million in 2023. In contrast, Intra-Cellular Therapies showed a more consistent upward trend, starting at $21 million in 2014 and reaching $33 million by 2023. This suggests a strategic shift towards more efficient revenue management. The data highlights the importance of cost control in sustaining growth and competitiveness in the biotech sector. As these companies continue to innovate, their financial strategies will be crucial in determining their market position.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025