Cost of Revenue Comparison: BioMarin Pharmaceutical Inc. vs Wave Life Sciences Ltd.

Biotech Cost Trends: BioMarin vs. Wave Life Sciences

__timestampBioMarin Pharmaceutical Inc.Wave Life Sciences Ltd.
Wednesday, January 1, 20141297640002395000
Thursday, January 1, 20151520080009057000
Friday, January 1, 2016209620000393000
Sunday, January 1, 201724178600079309000
Monday, January 1, 2018315264000134428000
Tuesday, January 1, 2019359466000175431000
Wednesday, January 1, 2020524272000124165000
Friday, January 1, 2021470515000121875000
Saturday, January 1, 202248366900010114000
Sunday, January 1, 20235770650009206000
Monday, January 1, 2024580235000
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Unveiling the hidden dimensions of data

A Decade of Cost Dynamics in Biotech: BioMarin vs. Wave Life Sciences

In the ever-evolving landscape of biotechnology, understanding cost structures is crucial for investors and stakeholders. Over the past decade, BioMarin Pharmaceutical Inc. and Wave Life Sciences Ltd. have showcased contrasting trajectories in their cost of revenue. BioMarin, a leader in the field, has seen its costs rise steadily, peaking in 2023 with a 345% increase from 2014. This growth reflects its expanding operations and market reach. In contrast, Wave Life Sciences, a smaller player, experienced a more volatile pattern, with costs spiking in 2019 before stabilizing. By 2023, Wave's costs were approximately 7% of BioMarin's, highlighting the scale difference between the two companies. This comparison not only underscores the diverse strategies within the biotech sector but also offers insights into how companies manage growth and operational expenses over time.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025