Cost of Revenue: Key Insights for Iovance Biotherapeutics, Inc. and Galapagos NV

Biotech Cost Trends: Iovance vs. Galapagos

__timestampGalapagos NVIovance Biotherapeutics, Inc.
Wednesday, January 1, 20141111100009335772
Thursday, January 1, 2015129714000999000
Friday, January 1, 2016139574000978000
Sunday, January 1, 2017218502000952000
Monday, January 1, 2018322876000956000
Tuesday, January 1, 20194273200008122999
Wednesday, January 1, 20205236670008712000
Friday, January 1, 2021162900013980000
Saturday, January 1, 20221207900021135000
Sunday, January 1, 20233598900010755000
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Infusing magic into the data realm

Cost of Revenue Trends: Iovance Biotherapeutics, Inc. vs. Galapagos NV

In the ever-evolving biotech industry, understanding cost structures is crucial for investors and stakeholders. This analysis delves into the cost of revenue trends for Iovance Biotherapeutics, Inc. and Galapagos NV from 2014 to 2023. Over this period, Galapagos NV experienced a significant fluctuation, with costs peaking in 2020 at over 500% of their 2014 levels, before dropping sharply in 2021. Meanwhile, Iovance Biotherapeutics, Inc. maintained a more stable trajectory, with costs increasing modestly by approximately 14% over the same period. Notably, 2022 marked a pivotal year for Iovance, with costs surging by 50% compared to the previous year. These insights highlight the dynamic nature of cost management in the biotech sector, offering a window into the strategic financial decisions of these companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025