Comparing Cost of Revenue Efficiency: Pharming Group N.V. vs Agios Pharmaceuticals, Inc.

Biotech Cost Efficiency: Pharming vs Agios

__timestampAgios Pharmaceuticals, Inc.Pharming Group N.V.
Wednesday, January 1, 20141003710004167274
Thursday, January 1, 20151418270005247851
Friday, January 1, 20162201630004925118
Sunday, January 1, 201729268100014930297
Monday, January 1, 2018139700025371768
Tuesday, January 1, 2019131700023921274
Wednesday, January 1, 2020280500025338236
Friday, January 1, 20211877700020182966
Saturday, January 1, 2022170400017562000
Sunday, January 1, 2023950400025212000
Monday, January 1, 20244165000
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Igniting the spark of knowledge

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 Pharming Group N.V. and Agios Pharmaceuticals, Inc. over the past decade. From 2014 to 2023, Pharming Group N.V. has demonstrated a consistent approach to managing its cost of revenue, with figures peaking at approximately €25 million in 2018. In contrast, Agios Pharmaceuticals, Inc. experienced significant fluctuations, with a notable peak in 2017, where costs soared to nearly $293 million, before stabilizing in recent years.

Pharming Group N.V.'s cost efficiency is evident, maintaining a lower average cost of revenue, which is about 80% less than Agios Pharmaceuticals, Inc. This strategic financial management could be a key driver in Pharming's sustained growth and market resilience. As the biotech industry evolves, these insights offer a glimpse into the financial strategies that may shape future success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025