Comparing Cost of Revenue Efficiency: Ionis Pharmaceuticals, Inc. vs Alkermes plc

Biopharma Cost Efficiency: Ionis vs. Alkermes

__timestampAlkermes plcIonis Pharmaceuticals, Inc.
Wednesday, January 1, 2014447875000241751000
Thursday, January 1, 2015483393000322292000
Friday, January 1, 2016519270000344320000
Sunday, January 1, 2017567637000374644000
Monday, January 1, 20186018260001820000
Tuesday, January 1, 20196932180004000000
Wednesday, January 1, 202057290400012000000
Friday, January 1, 202160391300011000000
Saturday, January 1, 202221810800014000000
Sunday, January 1, 20232530370009133000
Monday, January 1, 202424533100011215000
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Unveiling the hidden dimensions of data

Cost of Revenue Efficiency: A Tale of Two Biopharma Giants

In the competitive landscape of biopharmaceuticals, cost efficiency is paramount. Over the past decade, Ionis Pharmaceuticals, Inc. and Alkermes plc have showcased contrasting trends in their cost of revenue. From 2014 to 2023, Alkermes consistently maintained a higher cost of revenue, peaking in 2019 with a 39% increase from 2014. However, a notable decline of 68% was observed by 2022, reflecting strategic shifts or market challenges.

Conversely, Ionis Pharmaceuticals experienced a dramatic fluctuation. After a peak in 2017, their cost of revenue plummeted by 99% in 2018, indicating potential operational restructuring or shifts in product focus. By 2023, Ionis's cost of revenue was approximately 96% lower than its 2017 peak, suggesting a leaner operational model.

These trends highlight the dynamic nature of the biopharma industry, where strategic pivots can significantly impact financial efficiency.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025