Cost Insights: Breaking Down Vertex Pharmaceuticals Incorporated and Teva Pharmaceutical Industries Limited's Expenses

Pharma Giants: Cost Trends from 2014 to 2023

__timestampTeva Pharmaceutical Industries LimitedVertex Pharmaceuticals Incorporated
Wednesday, January 1, 2014921600000060987000
Thursday, January 1, 20158296000000125542000
Friday, January 1, 201610044000000210460000
Sunday, January 1, 201711560000000275119000
Monday, January 1, 201810558000000409539000
Tuesday, January 1, 20199351000000547758000
Wednesday, January 1, 20208933000000736300000
Friday, January 1, 20218284000000904200000
Saturday, January 1, 202279520000001080300000
Sunday, January 1, 202382000000001262200000
Monday, January 1, 202484800000001530500000
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Cracking the code

Unveiling Cost Dynamics in Pharmaceuticals

In the ever-evolving pharmaceutical industry, understanding cost structures is crucial. Over the past decade, Teva Pharmaceutical Industries Limited and Vertex Pharmaceuticals Incorporated have showcased contrasting expense trends. From 2014 to 2023, Teva's cost of revenue has seen a gradual decline, dropping approximately 14% from its peak in 2017. This reflects strategic cost management amidst market challenges. In contrast, Vertex Pharmaceuticals has experienced a remarkable growth trajectory, with its cost of revenue surging by over 1,900% during the same period. This increase aligns with Vertex's expanding market presence and investment in innovative therapies. The data highlights a pivotal shift in the pharmaceutical landscape, where established giants like Teva streamline operations, while emerging leaders like Vertex capitalize on growth opportunities. These insights offer a window into the strategic maneuvers shaping the future of healthcare.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025