| __timestamp | Agios Pharmaceuticals, Inc. | Celldex Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 100371000 | 101881000 |
| Thursday, January 1, 2015 | 141827000 | 4011000 |
| Friday, January 1, 2016 | 220163000 | 102026000 |
| Sunday, January 1, 2017 | 292681000 | 96171000 |
| Monday, January 1, 2018 | 1397000 | 66449000 |
| Tuesday, January 1, 2019 | 1317000 | 42672000 |
| Wednesday, January 1, 2020 | 2805000 | 42534000 |
| Friday, January 1, 2021 | 18777000 | 3068000 |
| Saturday, January 1, 2022 | 1704000 | 1400000 |
| Sunday, January 1, 2023 | 9504000 | 3008000 |
| Monday, January 1, 2024 | 4165000 |
In pursuit of knowledge
In the ever-evolving landscape of biotechnology, understanding cost structures is crucial. Agios Pharmaceuticals and Celldex Therapeutics, two prominent players, have shown intriguing trends in their cost of revenue from 2014 to 2023. Agios Pharmaceuticals experienced a significant peak in 2017, with costs soaring to nearly 300% of their 2014 levels. However, by 2023, their costs had decreased by approximately 90% from this peak, reflecting strategic shifts or operational efficiencies. In contrast, Celldex Therapeutics maintained a more stable trajectory, with costs peaking in 2016 and gradually declining by about 70% by 2023. These trends highlight the dynamic nature of cost management in the biotech sector, where companies must balance innovation with financial prudence. As the industry continues to evolve, monitoring these cost trends will be essential for investors and stakeholders alike.
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