__timestamp | Eli Lilly and Company | Vericel Corporation |
---|---|---|
Wednesday, January 1, 2014 | 4932500000 | 17293000 |
Thursday, January 1, 2015 | 5037200000 | 26470000 |
Friday, January 1, 2016 | 5654900000 | 28307000 |
Sunday, January 1, 2017 | 6070200000 | 30354000 |
Monday, January 1, 2018 | 4681700000 | 32160000 |
Tuesday, January 1, 2019 | 4721200000 | 37571000 |
Wednesday, January 1, 2020 | 5483300000 | 39951000 |
Friday, January 1, 2021 | 7312800000 | 50159000 |
Saturday, January 1, 2022 | 6629800000 | 54577000 |
Sunday, January 1, 2023 | 7082200000 | 61940000 |
Monday, January 1, 2024 | 8418299999 |
Unleashing the power of data
In the ever-evolving landscape of the pharmaceutical and biotechnology sectors, understanding cost dynamics is crucial. Eli Lilly and Company, a stalwart in the pharmaceutical industry, has seen its cost of revenue grow by approximately 44% from 2014 to 2023. This increase reflects the company's strategic investments in research and development, as well as its expansion into new markets. In contrast, Vericel Corporation, a smaller player in the biotech field, has experienced a staggering 258% rise in its cost of revenue over the same period. This growth underscores Vericel's aggressive push to scale its operations and enhance its product offerings. While Eli Lilly's cost of revenue remains significantly higher, Vericel's rapid growth trajectory highlights its potential to disrupt the market. These trends offer a fascinating glimpse into the financial strategies of two distinct companies navigating the complexities of their respective industries.
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