| __timestamp | CRISPR Therapeutics AG | Vertex Pharmaceuticals Incorporated |
|---|---|---|
| Wednesday, January 1, 2014 | 1513000 | 60987000 |
| Thursday, January 1, 2015 | 12573000 | 125542000 |
| Friday, January 1, 2016 | 42238000 | 210460000 |
| Sunday, January 1, 2017 | 69800000 | 275119000 |
| Monday, January 1, 2018 | 113773000 | 409539000 |
| Tuesday, January 1, 2019 | 179362000 | 547758000 |
| Wednesday, January 1, 2020 | 269407000 | 736300000 |
| Friday, January 1, 2021 | 17953000 | 904200000 |
| Saturday, January 1, 2022 | 110250000 | 1080300000 |
| Sunday, January 1, 2023 | 130250000 | 1262200000 |
| Monday, January 1, 2024 | -2314000 | 1530500000 |
Unlocking the unknown
In the ever-evolving landscape of biotechnology, understanding the financial dynamics of leading companies is crucial. Vertex Pharmaceuticals Incorporated and CRISPR Therapeutics AG, two giants in the field, have shown distinct trends in their cost of revenue over the past decade. From 2014 to 2023, Vertex Pharmaceuticals has consistently outpaced CRISPR Therapeutics, with its cost of revenue peaking at approximately $1.26 billion in 2023, a staggering 20-fold increase from 2014. In contrast, CRISPR Therapeutics, while showing growth, reached a cost of revenue of around $130 million in 2023, marking a significant rise from its 2014 figure. This comparison highlights Vertex's expansive operational scale and CRISPR's steady growth trajectory. As the biotech sector continues to innovate, these financial insights provide a window into the strategic priorities and market positioning of these industry leaders.
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