| __timestamp | Halozyme Therapeutics, Inc. | Novartis AG |
|---|---|---|
| Wednesday, January 1, 2014 | 22732000 | 17345000000 |
| Thursday, January 1, 2015 | 29245000 | 17404000000 |
| Friday, January 1, 2016 | 33206000 | 17520000000 |
| Sunday, January 1, 2017 | 31152000 | 17175000000 |
| Monday, January 1, 2018 | 10136000 | 18407000000 |
| Tuesday, January 1, 2019 | 45546000 | 14425000000 |
| Wednesday, January 1, 2020 | 43367000 | 15121000000 |
| Friday, January 1, 2021 | 81413000 | 15867000000 |
| Saturday, January 1, 2022 | 139304000 | 15486000000 |
| Sunday, January 1, 2023 | 192361000 | 12472000000 |
| Monday, January 1, 2024 | 159417000 | 12827000000 |
In pursuit of knowledge
In the ever-evolving pharmaceutical landscape, understanding cost structures is crucial. This analysis delves into the cost of revenue for Novartis AG and Halozyme Therapeutics, Inc. from 2014 to 2023. Over this period, Novartis AG consistently maintained a high cost of revenue, peaking in 2018 with a 15% increase from 2014. However, a notable decline of 28% was observed by 2023, reflecting strategic shifts or market dynamics. In contrast, Halozyme Therapeutics, Inc. exhibited a remarkable growth trajectory, with its cost of revenue surging by over 740% from 2014 to 2023. This stark contrast highlights the differing operational scales and market strategies of these two companies. As Novartis navigates its mature market position, Halozyme's rapid expansion underscores its aggressive growth strategy in the biotech sector.
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