Comparing Cost of Revenue Efficiency: Intra-Cellular Therapies, Inc. vs Ionis Pharmaceuticals, Inc.

Biotech Cost Efficiency: A Decade of Change

__timestampIntra-Cellular Therapies, Inc.Ionis Pharmaceuticals, Inc.
Wednesday, January 1, 201421226345241751000
Thursday, January 1, 2015139626322292000
Friday, January 1, 201693831530344320000
Sunday, January 1, 201779419009374644000
Monday, January 1, 20183686731820000
Tuesday, January 1, 20194771214000000
Wednesday, January 1, 2020189502912000000
Friday, January 1, 2021803458911000000
Saturday, January 1, 20222044300014000000
Sunday, January 1, 2023337450009133000
Monday, January 1, 202411215000
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Unlocking the unknown

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 Ionis Pharmaceuticals, Inc. over the past decade. From 2014 to 2023, Ionis Pharmaceuticals consistently reported higher costs, peaking in 2017 with a staggering 374% more than Intra-Cellular Therapies. However, a notable shift occurred in 2018 when Ionis reduced its costs by 99%, aligning closer to its competitor. Intra-Cellular Therapies, on the other hand, showed a steady increase, culminating in a 59% rise in 2023 compared to 2022. This trend highlights the dynamic strategies employed by these companies to manage their operational expenses. As the biotech industry evolves, understanding these financial maneuvers offers valuable insights into their long-term sustainability and growth potential.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025