Cost of Revenue Trends: Novartis AG vs Ligand Pharmaceuticals Incorporated

Diverging cost trends in pharmaceuticals: Novartis vs Ligand

__timestampLigand Pharmaceuticals IncorporatedNovartis AG
Wednesday, January 1, 2014913600017345000000
Thursday, January 1, 2015580700017404000000
Friday, January 1, 2016557100017520000000
Sunday, January 1, 2017536600017175000000
Monday, January 1, 2018633700018407000000
Tuesday, January 1, 20191134700014425000000
Wednesday, January 1, 20203041900015121000000
Friday, January 1, 20216217600015867000000
Saturday, January 1, 20225282700015486000000
Sunday, January 1, 20233504900012472000000
Monday, January 1, 202412827000000
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Cost of Revenue Trends: Novartis AG vs Ligand Pharmaceuticals

In the ever-evolving pharmaceutical industry, understanding cost dynamics is crucial. From 2014 to 2023, Novartis AG and Ligand Pharmaceuticals Incorporated have shown contrasting trends in their cost of revenue. Novartis, a global healthcare giant, consistently maintained a high cost of revenue, peaking in 2018 with a 10% increase from 2017. However, by 2023, it saw a significant 32% decline, reflecting strategic cost management or market shifts. In contrast, Ligand Pharmaceuticals, a smaller player, experienced a dramatic rise, with costs surging by over 500% from 2014 to 2021, before stabilizing. This divergence highlights the varied strategies and market pressures faced by large and small pharmaceutical companies. As the industry continues to innovate, these trends offer insights into how companies manage their financial health amidst global challenges.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025