__timestamp | Travere Therapeutics, Inc. | Viatris Inc. |
---|---|---|
Wednesday, January 1, 2014 | 570979 | 4050200000 |
Thursday, January 1, 2015 | 2185000 | 5047100000 |
Friday, January 1, 2016 | 4554000 | 6078400000 |
Sunday, January 1, 2017 | 3605000 | 6931500000 |
Monday, January 1, 2018 | 5527000 | 6861900000 |
Tuesday, January 1, 2019 | 5234000 | 7056300000 |
Wednesday, January 1, 2020 | 6126000 | 8149300000 |
Friday, January 1, 2021 | 6784000 | 12310800000 |
Saturday, January 1, 2022 | 7592000 | 9765700000 |
Sunday, January 1, 2023 | 11450000 | 8988300000 |
Infusing magic into the data realm
In the ever-evolving landscape of the pharmaceutical industry, understanding cost structures is crucial. Viatris Inc. and Travere Therapeutics, Inc. offer a fascinating comparison. Over the past decade, Viatris has consistently reported a cost of revenue that dwarfs Travere's, with figures peaking at approximately $12.3 billion in 2021. In contrast, Travere's cost of revenue has shown a steady increase, reaching around $11.5 million in 2023.
From 2014 to 2023, Viatris's cost of revenue grew by about 122%, while Travere's surged by nearly 1,900%. This stark difference highlights the scale and operational dynamics of these companies. Viatris, with its vast global operations, naturally incurs higher costs, whereas Travere's growth trajectory reflects its expanding footprint in the biotech sector.
This data underscores the diverse strategies and challenges faced by pharmaceutical companies in managing their cost structures.
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