Cost of Revenue Trends: ACADIA Pharmaceuticals Inc. vs Viridian Therapeutics, Inc.

Biotech Cost Dynamics: ACADIA vs. Viridian

__timestampACADIA Pharmaceuticals Inc.Viridian Therapeutics, Inc.
Wednesday, January 1, 2014606020003243000
Thursday, January 1, 2015763690002472000
Friday, January 1, 201644060002548000
Sunday, January 1, 20171306000019623000
Monday, January 1, 20181833000030421000
Tuesday, January 1, 20191959800032793999
Wednesday, January 1, 20202055000028304000
Friday, January 1, 202119141000620000
Saturday, January 1, 202210166000755000
Sunday, January 1, 2023457310001322000
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Cracking the code

Cost of Revenue Trends: A Tale of Two Biotechs

In the ever-evolving landscape of biotechnology, understanding cost dynamics is crucial. ACADIA Pharmaceuticals Inc. and Viridian Therapeutics, Inc. offer a fascinating case study in cost of revenue trends from 2014 to 2023. ACADIA's cost of revenue peaked in 2015, reaching nearly 76 million, before experiencing a significant decline, dropping by over 80% by 2022. In contrast, Viridian's costs surged dramatically, with a notable spike in 2019, reaching over 32 million, before plummeting to just 620,000 in 2021. This stark contrast highlights the volatile nature of the biotech industry, where strategic shifts and market conditions can lead to rapid changes in financial metrics. As investors and analysts look to the future, these trends underscore the importance of agility and innovation in maintaining competitive advantage.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025