Cost of Revenue: Key Insights for Alkermes plc and Ligand Pharmaceuticals Incorporated

Pharma Cost Trends: Alkermes vs. Ligand (2014-2023)

__timestampAlkermes plcLigand Pharmaceuticals Incorporated
Wednesday, January 1, 20144478750009136000
Thursday, January 1, 20154833930005807000
Friday, January 1, 20165192700005571000
Sunday, January 1, 20175676370005366000
Monday, January 1, 20186018260006337000
Tuesday, January 1, 201969321800011347000
Wednesday, January 1, 202057290400030419000
Friday, January 1, 202160391300062176000
Saturday, January 1, 202221810800052827000
Sunday, January 1, 202325303700035049000
Monday, January 1, 2024245331000
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Unlocking the unknown

Cost of Revenue Trends: Alkermes plc vs. Ligand Pharmaceuticals

In the evolving landscape of pharmaceuticals, understanding cost structures is crucial. From 2014 to 2023, Alkermes plc and Ligand Pharmaceuticals Incorporated have shown distinct trajectories in their cost of revenue. Alkermes plc, a leader in biopharmaceuticals, saw its cost of revenue peak in 2019, reaching nearly 70% higher than its 2014 levels. However, by 2023, it had decreased by approximately 63% from its peak, indicating strategic cost management or shifts in production. In contrast, Ligand Pharmaceuticals, known for its innovative drug discovery, experienced a more than sixfold increase in cost of revenue from 2014 to 2021, reflecting its expanding operations. Yet, by 2023, costs had reduced by about 44% from their 2021 high. These trends highlight the dynamic nature of cost management in the pharmaceutical industry, driven by innovation and market demands.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025