| __timestamp | Telix Pharmaceuticals Limited | Veracyte, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 22622695 | 16606000 |
| Thursday, January 1, 2015 | 24863028 | 21497000 |
| Friday, January 1, 2016 | 21351001 | 25462000 |
| Sunday, January 1, 2017 | 53837297 | 28195000 |
| Monday, January 1, 2018 | 16080096 | 33078000 |
| Tuesday, January 1, 2019 | 18525736 | 36523000 |
| Wednesday, January 1, 2020 | 2024000 | 41455000 |
| Friday, January 1, 2021 | 2548000 | 74400000 |
| Saturday, January 1, 2022 | 61556000 | 101582000 |
| Sunday, January 1, 2023 | 188157000 | 112903000 |
In pursuit of knowledge
In the competitive landscape of pharmaceuticals and diagnostics, cost efficiency is paramount. Over the past decade, Telix Pharmaceuticals Limited and Veracyte, Inc. have showcased contrasting trajectories in their cost of revenue. From 2014 to 2023, Telix Pharmaceuticals saw a staggering increase of over 730% in their cost of revenue, peaking in 2023. This reflects their aggressive expansion and investment in cutting-edge technologies. Meanwhile, Veracyte, Inc. experienced a more moderate growth of approximately 580% during the same period, indicating a steady scaling of operations. Notably, in 2020, Telix's cost of revenue plummeted to its lowest, while Veracyte's continued to rise, highlighting different strategic approaches. As we move forward, understanding these trends offers valuable insights into the operational efficiencies and strategic priorities of these industry players.
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