Cost of Revenue: Key Insights for Agios Pharmaceuticals, Inc. and Celldex Therapeutics, Inc.

Biotech Cost Trends: Agios vs. Celldex (2014-2023)

__timestampAgios Pharmaceuticals, Inc.Celldex Therapeutics, Inc.
Wednesday, January 1, 2014100371000101881000
Thursday, January 1, 20151418270004011000
Friday, January 1, 2016220163000102026000
Sunday, January 1, 201729268100096171000
Monday, January 1, 2018139700066449000
Tuesday, January 1, 2019131700042672000
Wednesday, January 1, 2020280500042534000
Friday, January 1, 2021187770003068000
Saturday, January 1, 202217040001400000
Sunday, January 1, 202395040003008000
Monday, January 1, 20244165000
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Unveiling the hidden dimensions of data

Cost of Revenue Trends: Agios Pharmaceuticals vs. Celldex Therapeutics

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025