| __timestamp | Pharming Group N.V. | Xenon Pharmaceuticals Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 4167274 | 5903000 |
| Thursday, January 1, 2015 | 5247851 | 2762000 |
| Friday, January 1, 2016 | 4925118 | 1114000 |
| Sunday, January 1, 2017 | 14930297 | 25573000 |
| Monday, January 1, 2018 | 25371768 | 6000000 |
| Tuesday, January 1, 2019 | 23921274 | 38845000 |
| Wednesday, January 1, 2020 | 25338236 | 50523000 |
| Friday, January 1, 2021 | 20182966 | 75463000 |
| Saturday, January 1, 2022 | 17562000 | 105767000 |
| Sunday, January 1, 2023 | 25212000 | 167512000 |
Unlocking the unknown
In the dynamic world of biotechnology, cost efficiency is a critical factor for success. Over the past decade, Pharming Group N.V. and Xenon Pharmaceuticals Inc. have showcased contrasting trajectories in their cost of revenue. From 2014 to 2023, Pharming Group N.V. maintained a relatively stable cost structure, with a peak in 2018 at approximately 25 million, reflecting a strategic focus on cost management. In contrast, Xenon Pharmaceuticals Inc. experienced a dramatic increase, culminating in 2023 with a cost of revenue nearly 17 times higher than its 2014 figure. This surge highlights Xenon's aggressive expansion and investment in research and development. As the biotech industry continues to evolve, these companies exemplify different approaches to balancing growth and efficiency, offering valuable insights for investors and industry analysts alike.
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