| __timestamp | Incyte Corporation | Xenon Pharmaceuticals Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 3004000 | 5903000 |
| Thursday, January 1, 2015 | 26972000 | 2762000 |
| Friday, January 1, 2016 | 58187000 | 1114000 |
| Sunday, January 1, 2017 | 79479000 | 25573000 |
| Monday, January 1, 2018 | 94123000 | 6000000 |
| Tuesday, January 1, 2019 | 114249000 | 38845000 |
| Wednesday, January 1, 2020 | 131328000 | 50523000 |
| Friday, January 1, 2021 | 150991000 | 75463000 |
| Saturday, January 1, 2022 | 206997000 | 105767000 |
| Sunday, January 1, 2023 | 255000000 | 167512000 |
| Monday, January 1, 2024 | 312068000 |
In the ever-evolving landscape of biotechnology, understanding cost dynamics is crucial. This chart offers a fascinating glimpse into the cost of revenue trends for Incyte Corporation and Xenon Pharmaceuticals Inc. over the past decade. From 2014 to 2023, Incyte Corporation's cost of revenue surged by an impressive 8,400%, reflecting its aggressive growth strategy and increased production capabilities. In contrast, Xenon Pharmaceuticals Inc. experienced a more modest increase of approximately 2,700%, indicating a steady yet cautious expansion.
These trends underscore the diverse strategies employed by biotech companies in navigating the competitive market.
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