__timestamp | MiMedx Group, Inc. | Xenon Pharmaceuticals Inc. |
---|---|---|
Wednesday, January 1, 2014 | 12665000 | 5903000 |
Thursday, January 1, 2015 | 20202000 | 2762000 |
Friday, January 1, 2016 | 32407000 | 1114000 |
Sunday, January 1, 2017 | 35219000 | 25573000 |
Monday, January 1, 2018 | 36386000 | 6000000 |
Tuesday, January 1, 2019 | 43081000 | 38845000 |
Wednesday, January 1, 2020 | 39330000 | 50523000 |
Friday, January 1, 2021 | 43283000 | 75463000 |
Saturday, January 1, 2022 | 48316000 | 105767000 |
Sunday, January 1, 2023 | 54634000 | 167512000 |
Infusing magic into the data realm
In the competitive landscape of pharmaceuticals, cost efficiency is paramount. Over the past decade, Xenon Pharmaceuticals Inc. and MiMedx Group, Inc. have showcased contrasting trajectories in their cost of revenue. From 2014 to 2023, MiMedx Group's cost of revenue grew steadily, peaking at approximately 54.6 million in 2023, marking a 331% increase from 2014. In contrast, Xenon Pharmaceuticals experienced a dramatic surge, with costs skyrocketing by over 2,700% during the same period, reaching around 167.5 million in 2023. This stark difference highlights Xenon's aggressive expansion and investment in research and development. As the industry evolves, understanding these financial dynamics offers valuable insights into strategic decision-making and operational efficiency.
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