| __timestamp | Corcept Therapeutics Incorporated | Travere Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 882000 | 570979 |
| Thursday, January 1, 2015 | 1361000 | 2185000 |
| Friday, January 1, 2016 | 2058000 | 4554000 |
| Sunday, January 1, 2017 | 3554000 | 3605000 |
| Monday, January 1, 2018 | 5215000 | 5527000 |
| Tuesday, January 1, 2019 | 5504000 | 5234000 |
| Wednesday, January 1, 2020 | 5582000 | 6126000 |
| Friday, January 1, 2021 | 5281000 | 6784000 |
| Saturday, January 1, 2022 | 5385000 | 7592000 |
| Sunday, January 1, 2023 | 6481000 | 11450000 |
Unleashing insights
In the ever-evolving landscape of biotechnology, understanding cost structures is pivotal. Corcept Therapeutics Incorporated and Travere Therapeutics, Inc. have been at the forefront of this industry, each with unique financial trajectories. From 2014 to 2023, Corcept's cost of revenue surged by over 630%, peaking in 2023. Meanwhile, Travere's expenses skyrocketed by nearly 1,900% during the same period, reflecting its aggressive growth strategy. Notably, in 2023, Travere's costs were almost double those of Corcept, highlighting its expansive operational scale. This decade-long analysis underscores the dynamic nature of biotech financials, where strategic investments and market positioning play crucial roles. As these companies continue to innovate, their cost structures will remain a key indicator of their market strategies and future potential.
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