Cost of Revenue Trends: Johnson & Johnson vs Viridian Therapeutics, Inc.

Divergent cost trends in pharma: J&J vs. Viridian.

__timestampJohnson & JohnsonViridian Therapeutics, Inc.
Wednesday, January 1, 2014227460000003243000
Thursday, January 1, 2015215360000002472000
Friday, January 1, 2016216850000002548000
Sunday, January 1, 20172535400000019623000
Monday, January 1, 20182709100000030421000
Tuesday, January 1, 20192755600000032793999
Wednesday, January 1, 20202842700000028304000
Friday, January 1, 202123402000000620000
Saturday, January 1, 202224596000000755000
Sunday, January 1, 2023265530000001322000
Monday, January 1, 202427471000000
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Unveiling the hidden dimensions of data

Cost of Revenue: A Tale of Two Companies

In the ever-evolving landscape of the pharmaceutical industry, understanding cost dynamics is crucial. Johnson & Johnson, a stalwart in the sector, has consistently maintained a robust cost of revenue, averaging around $25 billion annually from 2014 to 2023. This reflects their expansive operations and market dominance. In stark contrast, Viridian Therapeutics, Inc., a smaller player, has seen its cost of revenue fluctuate significantly, peaking at $32 million in 2019 before dropping to a mere $1.3 million in 2023. This dramatic 96% reduction highlights the volatility and challenges faced by emerging biotech firms. The data underscores the disparity in scale and financial strategy between established giants and burgeoning innovators. As the industry continues to evolve, these trends offer a glimpse into the strategic maneuvers companies must adopt to thrive.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025