Cost Insights: Breaking Down Johnson & Johnson and Iovance Biotherapeutics, Inc.'s Expenses

Comparing Cost Structures: J&J vs. Iovance Biotherapeutics

__timestampIovance Biotherapeutics, Inc.Johnson & Johnson
Wednesday, January 1, 2014933577222746000000
Thursday, January 1, 201599900021536000000
Friday, January 1, 201697800021685000000
Sunday, January 1, 201795200025354000000
Monday, January 1, 201895600027091000000
Tuesday, January 1, 2019812299927556000000
Wednesday, January 1, 2020871200028427000000
Friday, January 1, 20211398000023402000000
Saturday, January 1, 20222113500024596000000
Sunday, January 1, 20231075500026553000000
Monday, January 1, 202427471000000
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Unlocking the unknown

Cost Insights: A Comparative Analysis of Johnson & Johnson and Iovance Biotherapeutics, Inc.

In the ever-evolving landscape of the pharmaceutical industry, understanding cost structures is crucial. This analysis delves into the cost of revenue for two industry players: Johnson & Johnson and Iovance Biotherapeutics, Inc., from 2014 to 2023.

Johnson & Johnson, a titan in the healthcare sector, consistently reported a cost of revenue exceeding $20 billion annually. Notably, their costs peaked in 2020, reflecting a 32% increase from 2014. In contrast, Iovance Biotherapeutics, a burgeoning biotech firm, exhibited a more volatile cost pattern. Their expenses surged by over 100% from 2014 to 2022, highlighting their aggressive growth strategy.

This decade-long comparison underscores the stark differences in scale and strategy between established giants and emerging innovators. As the industry continues to evolve, these insights provide a window into the financial dynamics shaping the future of healthcare.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025