Gross Profit Analysis: Comparing Regeneron Pharmaceuticals, Inc. and Corcept Therapeutics Incorporated

Biotech Giants: Regeneron vs. Corcept's Profit Growth

__timestampCorcept Therapeutics IncorporatedRegeneron Pharmaceuticals, Inc.
Wednesday, January 1, 2014256690002614539000
Thursday, January 1, 2015489250003711019000
Friday, January 1, 2016792630004560733000
Sunday, January 1, 20171556470005475166000
Monday, January 1, 20182460320006276700000
Tuesday, January 1, 20193009820007081200000
Wednesday, January 1, 20203482920007377200000
Friday, January 1, 202136069700013634200000
Saturday, January 1, 202239647300010612500000
Sunday, January 1, 202347589400011301400000
Monday, January 1, 202412231500000
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Igniting the spark of knowledge

Gross Profit Growth: A Tale of Two Biotechs

In the competitive world of biotechnology, financial performance is a key indicator of a company's success. Over the past decade, Regeneron Pharmaceuticals, Inc. and Corcept Therapeutics Incorporated have demonstrated remarkable growth in gross profit, albeit at different scales. From 2014 to 2023, Regeneron's gross profit surged by approximately 332%, reaching a peak of $11.3 billion in 2023. This growth underscores Regeneron's robust market position and innovative product pipeline.

Conversely, Corcept Therapeutics, while smaller in scale, exhibited an impressive 1,755% increase in gross profit over the same period, culminating in $475 million in 2023. This exponential growth highlights Corcept's strategic focus and successful niche market penetration. The data reveals a fascinating narrative of two companies thriving in the biotech sector, each carving out its path to financial success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025