| __timestamp | Bio-Techne Corporation | Corcept Therapeutics Incorporated |
|---|---|---|
| Wednesday, January 1, 2014 | 106352000 | 882000 |
| Thursday, January 1, 2015 | 144969000 | 1361000 |
| Friday, January 1, 2016 | 162364000 | 2058000 |
| Sunday, January 1, 2017 | 188462000 | 3554000 |
| Monday, January 1, 2018 | 210850000 | 5215000 |
| Tuesday, January 1, 2019 | 240515000 | 5504000 |
| Wednesday, January 1, 2020 | 255497000 | 5582000 |
| Friday, January 1, 2021 | 298182000 | 5281000 |
| Saturday, January 1, 2022 | 349103000 | 5385000 |
| Sunday, January 1, 2023 | 366887000 | 6481000 |
| Monday, January 1, 2024 | 389335000 |
Cracking the code
In the ever-evolving biotech industry, understanding cost dynamics is crucial for investors and stakeholders. Bio-Techne Corporation and Corcept Therapeutics Incorporated, two prominent players, showcase intriguing trends in their cost of revenue from 2014 to 2023. Bio-Techne's cost of revenue has surged by approximately 266%, reflecting its aggressive growth strategy and expanding operations. In contrast, Corcept Therapeutics has experienced a more modest increase of around 635%, indicating a steady yet significant scaling of its operations.
Bio-Techne's cost of revenue peaked in 2023, reaching nearly 367 million, while Corcept's costs rose to about 6.5 million in the same year. Notably, data for 2024 is incomplete, highlighting the need for continuous monitoring. These trends underscore the diverse strategies within the biotech sector, where companies balance growth with cost management to maintain competitive advantage.
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