Cost Insights: Breaking Down Gilead Sciences, Inc. and Bio-Techne Corporation's Expenses

Explore Gilead and Bio-Techne's cost trends over a decade.

__timestampBio-Techne CorporationGilead Sciences, Inc.
Wednesday, January 1, 20141063520003788000000
Thursday, January 1, 20151449690004006000000
Friday, January 1, 20161623640004261000000
Sunday, January 1, 20171884620004371000000
Monday, January 1, 20182108500004853000000
Tuesday, January 1, 20192405150004675000000
Wednesday, January 1, 20202554970004572000000
Friday, January 1, 20212981820006601000000
Saturday, January 1, 20223491030005657000000
Sunday, January 1, 20233668870006498000000
Monday, January 1, 202438933500028675800000
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Unleashing the power of data

Unveiling Cost Dynamics in Biotech Giants

In the ever-evolving landscape of biotechnology, understanding cost structures is pivotal. This analysis delves into the cost of revenue trends for Gilead Sciences, Inc. and Bio-Techne Corporation from 2014 to 2023. Over this decade, Gilead Sciences consistently reported higher costs, peaking in 2021 with a 74% increase from 2014. Meanwhile, Bio-Techne's cost of revenue grew steadily, marking a 266% rise by 2023. This stark contrast highlights Gilead's expansive operations compared to Bio-Techne's more measured growth. Notably, 2023 data for Gilead is missing, suggesting potential shifts in their financial strategy. As the biotech sector continues to innovate, these insights offer a glimpse into the financial underpinnings that drive industry leaders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025