__timestamp | Arrowhead Pharmaceuticals, Inc. | Vertex Pharmaceuticals Incorporated |
---|---|---|
Wednesday, January 1, 2014 | 175000 | 519428000 |
Thursday, January 1, 2015 | 382000 | 906794000 |
Friday, January 1, 2016 | 158333 | 1491717000 |
Sunday, January 1, 2017 | 31407709 | 2213533000 |
Monday, January 1, 2018 | 16142321 | 2638058000 |
Tuesday, January 1, 2019 | 168795577 | 3615063000 |
Wednesday, January 1, 2020 | 87992066 | 5469383000 |
Friday, January 1, 2021 | 138287000 | 6670200000 |
Saturday, January 1, 2022 | 232810000 | 7850400000 |
Sunday, January 1, 2023 | 240735000 | 8607000000 |
Monday, January 1, 2024 | 3551000 | 9489600000 |
Igniting the spark of knowledge
Over the past decade, the biopharmaceutical industry has witnessed remarkable growth, with companies like Vertex Pharmaceuticals Incorporated and Arrowhead Pharmaceuticals, Inc. leading the charge. From 2014 to 2023, Vertex Pharmaceuticals has consistently demonstrated robust financial performance, with gross profits soaring from approximately $519 million in 2014 to an impressive $8.6 billion in 2023. This represents a staggering increase of over 1,500%, underscoring Vertex's dominance in the sector.
In contrast, Arrowhead Pharmaceuticals, while showing growth, has experienced more modest gains. Starting with a gross profit of around $175,000 in 2014, Arrowhead reached $240 million by 2023, marking a significant yet smaller increase. The data highlights the dynamic nature of the biopharmaceutical landscape, where innovation and strategic investments drive financial success. Notably, 2024 data for Vertex is missing, indicating potential future updates or developments.
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