__timestamp | Novo Nordisk A/S | Vertex Pharmaceuticals Incorporated |
---|---|---|
Wednesday, January 1, 2014 | 14562000000 | 60987000 |
Thursday, January 1, 2015 | 16188000000 | 125542000 |
Friday, January 1, 2016 | 17183000000 | 210460000 |
Sunday, January 1, 2017 | 17632000000 | 275119000 |
Monday, January 1, 2018 | 17617000000 | 409539000 |
Tuesday, January 1, 2019 | 20088000000 | 547758000 |
Wednesday, January 1, 2020 | 20932000000 | 736300000 |
Friday, January 1, 2021 | 23658000000 | 904200000 |
Saturday, January 1, 2022 | 28448000000 | 1080300000 |
Sunday, January 1, 2023 | 35765000000 | 1262200000 |
Monday, January 1, 2024 | 44522000000 | 1530500000 |
Cracking the code
In the ever-evolving pharmaceutical industry, cost management is crucial for maintaining competitive advantage. This chart provides a fascinating comparison between Novo Nordisk A/S and Vertex Pharmaceuticals Incorporated over the past decade.
From 2014 to 2023, Novo Nordisk A/S has seen a consistent increase in its cost of revenue, growing by approximately 145%. This Danish pharmaceutical giant, renowned for its diabetes care products, reflects a robust expansion strategy, with costs peaking in 2023.
In contrast, Vertex Pharmaceuticals, a leader in cystic fibrosis treatments, has experienced a more modest rise in cost of revenue, increasing by around 1,970% over the same period. This reflects Vertex's focused investment in niche markets, resulting in a more controlled cost structure.
This comparison highlights the diverse strategies employed by pharmaceutical leaders in managing their operational costs.
Novo Nordisk A/S vs Vertex Pharmaceuticals Incorporated: Annual Revenue Growth Compared
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