Cost of Revenue Comparison: Halozyme Therapeutics, Inc. vs Ligand Pharmaceuticals Incorporated

Biotech Cost Battle: Halozyme vs. Ligand

__timestampHalozyme Therapeutics, Inc.Ligand Pharmaceuticals Incorporated
Wednesday, January 1, 2014227320009136000
Thursday, January 1, 2015292450005807000
Friday, January 1, 2016332060005571000
Sunday, January 1, 2017311520005366000
Monday, January 1, 2018101360006337000
Tuesday, January 1, 20194554600011347000
Wednesday, January 1, 20204336700030419000
Friday, January 1, 20218141300062176000
Saturday, January 1, 202213930400052827000
Sunday, January 1, 202319236100035049000
Monday, January 1, 2024159417000
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Unveiling the hidden dimensions of data

Cost of Revenue: A Tale of Two Biotechs

In the competitive world of biotechnology, cost management is crucial for success. This analysis compares the cost of revenue for Halozyme Therapeutics, Inc. and Ligand Pharmaceuticals Incorporated from 2014 to 2023. Over this period, Halozyme's cost of revenue surged by approximately 747%, peaking in 2023. In contrast, Ligand's costs increased by about 283%, with a notable spike in 2021.

Key Insights

  • 2014-2018: Halozyme maintained a relatively stable cost, while Ligand's costs remained low, averaging around $6 million.
  • 2019-2023: Halozyme's costs escalated, reaching nearly $192 million in 2023, a stark contrast to Ligand's $35 million.

This divergence highlights Halozyme's aggressive growth strategy, while Ligand's steadier approach reflects a focus on cost efficiency. Understanding these trends offers valuable insights into each company's operational strategies and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025