__timestamp | Jazz Pharmaceuticals plc | Vericel Corporation |
---|---|---|
Wednesday, January 1, 2014 | 1055457000 | 11503000 |
Thursday, January 1, 2015 | 1222277000 | 24698000 |
Friday, January 1, 2016 | 1382587000 | 26076000 |
Sunday, January 1, 2017 | 1508505000 | 33570000 |
Monday, January 1, 2018 | 1769378000 | 58697000 |
Tuesday, January 1, 2019 | 2033831000 | 80279000 |
Wednesday, January 1, 2020 | 2214650000 | 84228000 |
Friday, January 1, 2021 | 2653478000 | 106025000 |
Saturday, January 1, 2022 | 3118857000 | 109788000 |
Sunday, January 1, 2023 | 3398627000 | 135576000 |
Cracking the code
In the competitive landscape of the pharmaceutical industry, understanding financial performance is crucial. Jazz Pharmaceuticals and Vericel Corporation, two prominent players, have shown distinct trajectories in their gross profit over the past decade. From 2014 to 2023, Jazz Pharmaceuticals has experienced a robust growth, with its gross profit increasing by over 220%, reaching approximately $3.4 billion in 2023. This growth reflects Jazz's strategic expansions and successful product lines.
In contrast, Vericel Corporation, while smaller in scale, has demonstrated a commendable growth of over 1,000% in the same period, albeit from a lower base, reaching around $135 million in 2023. This indicates Vericel's potential in niche markets and innovative therapies. The data highlights the dynamic nature of the pharmaceutical sector, where both large and small companies can thrive through strategic focus and innovation.
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