Gross Profit Analysis: Comparing BioMarin Pharmaceutical Inc. and BioCryst Pharmaceuticals, Inc.

Biotech Giants: A Decade of Gross Profit Growth

__timestampBioCryst Pharmaceuticals, Inc.BioMarin Pharmaceutical Inc.
Wednesday, January 1, 201413486000621276000
Thursday, January 1, 201546361000737887000
Friday, January 1, 201623654000907234000
Sunday, January 1, 2017234840001071860000
Monday, January 1, 2018201820001175948000
Tuesday, January 1, 2019447340001344582000
Wednesday, January 1, 2020161360001336183000
Friday, January 1, 20211499060001375760000
Saturday, January 1, 20222642330001612370000
Sunday, January 1, 20233267510001842161000
Monday, January 1, 20242273680000
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Gross Profit Trends in Biotech: A Comparative Analysis

In the dynamic world of biotechnology, financial performance is a key indicator of a company's success and potential. This analysis focuses on the gross profit trends of two prominent players: BioMarin Pharmaceutical Inc. and BioCryst Pharmaceuticals, Inc., from 2014 to 2023.

BioMarin has consistently outperformed BioCryst, with its gross profit growing by approximately 196% over the decade, peaking at $1.84 billion in 2023. In contrast, BioCryst's gross profit, while significantly lower, has shown remarkable growth, increasing by over 2300% to reach $326.75 million in the same year.

This stark contrast highlights BioMarin's established market presence and BioCryst's rapid growth trajectory. Investors and industry analysts should note these trends as they reflect the companies' strategic positioning and potential for future growth in the competitive biotech landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025