__timestamp | PTC Therapeutics, Inc. | Veracyte, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 79838000 | 16606000 |
Thursday, January 1, 2015 | 121816000 | 21497000 |
Friday, January 1, 2016 | 117633000 | 25462000 |
Sunday, January 1, 2017 | 4577000 | 28195000 |
Monday, January 1, 2018 | 12670000 | 33078000 |
Tuesday, January 1, 2019 | 12135000 | 36523000 |
Wednesday, January 1, 2020 | 18942000 | 41455000 |
Friday, January 1, 2021 | 32328000 | 74400000 |
Saturday, January 1, 2022 | 44678000 | 101582000 |
Sunday, January 1, 2023 | 65486000 | 112903000 |
Cracking the code
In the dynamic world of biotechnology, understanding cost structures is crucial for investors and stakeholders. This chart provides a fascinating glimpse into the cost of revenue trends for PTC Therapeutics, Inc. and Veracyte, Inc. over the past decade. From 2014 to 2023, PTC Therapeutics saw a significant fluctuation in its cost of revenue, peaking in 2015 with a 50% increase from the previous year, before experiencing a dramatic drop in 2017. In contrast, Veracyte, Inc. displayed a more consistent upward trajectory, with costs rising steadily by approximately 20% annually, culminating in a 580% increase by 2023 compared to 2014. This divergence highlights the varying strategic approaches and market conditions faced by these companies. As the biotech sector continues to evolve, monitoring such financial metrics will be key to understanding future growth and sustainability.
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