Cost of Revenue Comparison: Neurocrine Biosciences, Inc. vs Xenon Pharmaceuticals Inc.

Biotech Giants: Neurocrine vs. Xenon Cost Trends

__timestampNeurocrine Biosciences, Inc.Xenon Pharmaceuticals Inc.
Wednesday, January 1, 2014144000005903000
Thursday, January 1, 2015338000002762000
Friday, January 1, 2016359000001114000
Sunday, January 1, 2017125400025573000
Monday, January 1, 201848890006000000
Tuesday, January 1, 2019740000038845000
Wednesday, January 1, 20201010000050523000
Friday, January 1, 20211430000075463000
Saturday, January 1, 202223200000105767000
Sunday, January 1, 202339700000167512000
Monday, January 1, 202434000000
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Cracking the code

Cost of Revenue: A Tale of Two Biotechs

In the competitive landscape of biotechnology, understanding cost structures is crucial. Neurocrine Biosciences, Inc. and Xenon Pharmaceuticals Inc. have shown contrasting trends in their cost of revenue from 2014 to 2023. Neurocrine's cost of revenue started at approximately $14 million in 2014, peaking at nearly $40 million by 2023, reflecting a growth of over 180%. In contrast, Xenon Pharmaceuticals began with a modest $5.9 million, skyrocketing to $167 million in 2023, marking an astonishing increase of over 2700%.

Key Insights

While both companies have seen significant growth, Xenon's cost of revenue has outpaced Neurocrine's, indicating a more aggressive expansion or higher operational costs. This divergence highlights the varying strategies and market conditions faced by these biotech firms. Investors and industry analysts should consider these trends when evaluating the financial health and strategic direction of these companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025