Cost Insights: Breaking Down Halozyme Therapeutics, Inc. and Agios Pharmaceuticals, Inc.'s Expenses

Biotech Cost Analysis: Halozyme vs. Agios Over a Decade

__timestampAgios Pharmaceuticals, Inc.Halozyme Therapeutics, Inc.
Wednesday, January 1, 201410037100022732000
Thursday, January 1, 201514182700029245000
Friday, January 1, 201622016300033206000
Sunday, January 1, 201729268100031152000
Monday, January 1, 2018139700010136000
Tuesday, January 1, 2019131700045546000
Wednesday, January 1, 2020280500043367000
Friday, January 1, 20211877700081413000
Saturday, January 1, 20221704000139304000
Sunday, January 1, 20239504000192361000
Monday, January 1, 20244165000159417000
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Unveiling the hidden dimensions of data

Cost Insights: A Financial Journey of Two Biotech Giants

In the ever-evolving biotech industry, understanding cost structures is crucial. Halozyme Therapeutics, Inc. and Agios Pharmaceuticals, Inc. have shown distinct financial trajectories from 2014 to 2023. Halozyme's cost of revenue surged by over 740% from 2014 to 2023, reflecting its aggressive growth strategy. In contrast, Agios Pharmaceuticals experienced a dramatic 90% drop in costs from its peak in 2017 to 2018, indicating a strategic pivot or operational efficiency. By 2023, Halozyme's costs were nearly double those of Agios, highlighting differing business models. This decade-long analysis offers a window into how these companies navigate financial challenges and opportunities in the competitive biotech landscape. Investors and industry watchers can glean insights into how cost management strategies impact long-term growth and sustainability.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025