Cost Insights: Breaking Down Vertex Pharmaceuticals Incorporated and Taro Pharmaceutical Industries Ltd.'s Expenses

Vertex vs. Taro: A Decade of Cost Evolution

__timestampTaro Pharmaceutical Industries Ltd.Vertex Pharmaceuticals Incorporated
Wednesday, January 1, 201417927900060987000
Thursday, January 1, 2015186359000125542000
Friday, January 1, 2016171785000210460000
Sunday, January 1, 2017208136000275119000
Monday, January 1, 2018198405000409539000
Tuesday, January 1, 2019224169000547758000
Wednesday, January 1, 2020245044000736300000
Friday, January 1, 2021252314000904200000
Saturday, January 1, 20222682250001080300000
Sunday, January 1, 20233046290001262200000
Monday, January 1, 20243242030001530500000
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Unveiling the hidden dimensions of data

Cost Insights: Vertex Pharmaceuticals vs. Taro Pharmaceuticals

In the ever-evolving pharmaceutical industry, understanding cost structures is crucial for investors and stakeholders. Over the past decade, Vertex Pharmaceuticals Incorporated and Taro Pharmaceutical Industries Ltd. have shown distinct trends in their cost of revenue. From 2014 to 2023, Taro's costs increased by approximately 81%, reflecting a steady growth trajectory. In contrast, Vertex's costs surged by over 1,900%, highlighting its aggressive expansion and investment in research and development.

Key Observations

  • Taro Pharmaceuticals: Starting at 179 million in 2014, Taro's cost of revenue reached 305 million by 2023, indicating a consistent upward trend.
  • Vertex Pharmaceuticals: With a modest 61 million in 2014, Vertex's costs skyrocketed to 1.26 billion by 2023, showcasing its rapid growth strategy.

These insights reveal the contrasting strategies of these pharmaceutical giants, with Vertex focusing on rapid expansion and Taro maintaining steady growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025