Cost Insights: Breaking Down Vertex Pharmaceuticals Incorporated and Geron Corporation's Expenses

Vertex vs. Geron: A Decade of Cost Evolution

__timestampGeron CorporationVertex Pharmaceuticals Incorporated
Wednesday, January 1, 2014890100060987000
Thursday, January 1, 20159574000125542000
Friday, January 1, 201614695000210460000
Sunday, January 1, 20178437000275119000
Monday, January 1, 201812723000409539000
Tuesday, January 1, 201951272000547758000
Wednesday, January 1, 202050052000736300000
Friday, January 1, 2021783000904200000
Saturday, January 1, 20228680001080300000
Sunday, January 1, 20231237400001262200000
Monday, January 1, 20241530500000
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Unlocking the unknown

Cost Insights: Vertex Pharmaceuticals vs. Geron Corporation

In the ever-evolving pharmaceutical industry, understanding cost structures is crucial for investors and stakeholders. Over the past decade, Vertex Pharmaceuticals Incorporated and Geron Corporation have showcased contrasting financial trajectories. From 2014 to 2023, Vertex Pharmaceuticals consistently increased its cost of revenue, peaking at approximately $1.26 billion in 2023, marking a staggering 20-fold increase from 2014. This growth reflects Vertex's aggressive expansion and investment in research and development.

Conversely, Geron Corporation's cost of revenue remained relatively modest, with a notable spike in 2023, reaching around $123 million. This sudden increase, after years of minimal costs, suggests a strategic pivot or significant investment in new projects. The data highlights the divergent paths of these two companies, with Vertex focusing on scaling operations and Geron potentially gearing up for a breakthrough. Such insights are invaluable for those tracking the financial health and strategic directions of these pharmaceutical giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025