Cost of Revenue Trends: Vertex Pharmaceuticals Incorporated vs Agios Pharmaceuticals, Inc.

Biotech Giants' Cost Trends: Vertex vs. Agios

__timestampAgios Pharmaceuticals, Inc.Vertex Pharmaceuticals Incorporated
Wednesday, January 1, 201410037100060987000
Thursday, January 1, 2015141827000125542000
Friday, January 1, 2016220163000210460000
Sunday, January 1, 2017292681000275119000
Monday, January 1, 20181397000409539000
Tuesday, January 1, 20191317000547758000
Wednesday, January 1, 20202805000736300000
Friday, January 1, 202118777000904200000
Saturday, January 1, 202217040001080300000
Sunday, January 1, 202395040001262200000
Monday, January 1, 202441650001530500000
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Cost of Revenue Trends: A Tale of Two Biotech Giants

In the competitive world of biotechnology, understanding cost dynamics is crucial. Vertex Pharmaceuticals Incorporated and Agios Pharmaceuticals, Inc. have shown contrasting trends in their cost of revenue from 2014 to 2023. Vertex Pharmaceuticals has seen a consistent rise, with costs increasing by over 1,900% from 2014 to 2023, peaking at approximately $1.26 billion in 2023. This reflects their aggressive expansion and investment in research and development.

Conversely, Agios Pharmaceuticals experienced a dramatic fluctuation, with costs peaking in 2017 and then dropping significantly. By 2023, their costs were around $9.5 million, a stark contrast to their 2017 peak. This volatility may indicate strategic shifts or changes in operational focus. These trends highlight the diverse strategies employed by biotech firms in managing their operational expenses over the past decade.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025