__timestamp | Perrigo Company plc | Viatris Inc. |
---|---|---|
Wednesday, January 1, 2014 | 2613100000 | 4050200000 |
Thursday, January 1, 2015 | 2891500000 | 5047100000 |
Friday, January 1, 2016 | 3228800000 | 6078400000 |
Sunday, January 1, 2017 | 2966700000 | 6931500000 |
Monday, January 1, 2018 | 2900200000 | 6861900000 |
Tuesday, January 1, 2019 | 3064100000 | 7056300000 |
Wednesday, January 1, 2020 | 3248100000 | 8149300000 |
Friday, January 1, 2021 | 2722500000 | 12310800000 |
Saturday, January 1, 2022 | 2996200000 | 9765700000 |
Sunday, January 1, 2023 | 2975200000 | 8988300000 |
Unleashing insights
In the ever-evolving pharmaceutical industry, cost efficiency is a critical metric for success. Over the past decade, Viatris Inc. and Perrigo Company plc have demonstrated contrasting trends in their cost of revenue. From 2014 to 2023, Viatris Inc. consistently reported higher costs, peaking in 2021 with a staggering 12.3 billion dollars. This represents a 204% increase from their 2014 figures. In contrast, Perrigo Company plc maintained a more stable cost structure, with a modest 24% increase over the same period, peaking at 3.25 billion dollars in 2020.
The data reveals that while Viatris Inc. has experienced significant fluctuations, Perrigo Company plc has managed to keep its costs relatively steady. This comparison highlights the importance of strategic cost management in maintaining competitive advantage in the pharmaceutical sector.
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