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

Biotech Giants' Cost Trends: Vertex vs. Halozyme

__timestampHalozyme Therapeutics, Inc.Vertex Pharmaceuticals Incorporated
Wednesday, January 1, 20142273200060987000
Thursday, January 1, 201529245000125542000
Friday, January 1, 201633206000210460000
Sunday, January 1, 201731152000275119000
Monday, January 1, 201810136000409539000
Tuesday, January 1, 201945546000547758000
Wednesday, January 1, 202043367000736300000
Friday, January 1, 202181413000904200000
Saturday, January 1, 20221393040001080300000
Sunday, January 1, 20231923610001262200000
Monday, January 1, 20241530500000
Loading chart...

In pursuit of knowledge

Cost of Revenue Trends: A Tale of Two Biotech Giants

In the competitive world of biotechnology, understanding cost dynamics is crucial. Over the past decade, Vertex Pharmaceuticals Incorporated and Halozyme Therapeutics, Inc. have shown distinct trends in their cost of revenue. From 2014 to 2023, Vertex's cost of revenue surged by over 1,900%, reflecting its aggressive expansion and increased production capabilities. In contrast, Halozyme's costs grew by approximately 750%, indicating a more measured growth strategy.

Key Insights

  • Vertex Pharmaceuticals: Starting at a modest 61 million in 2014, Vertex's cost of revenue reached a staggering 1.26 billion by 2023. This growth underscores Vertex's commitment to scaling its operations and enhancing its market presence.

  • Halozyme Therapeutics: With a cost of revenue beginning at 23 million in 2014, Halozyme's costs rose to 192 million in 2023. This steady increase highlights its strategic focus on sustainable growth.

These trends offer a window into the strategic priorities of these biotech leaders, providing valuable insights for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025