| __timestamp | BioMarin Pharmaceutical Inc. | Vertex Pharmaceuticals Incorporated |
|---|---|---|
| Wednesday, January 1, 2014 | 621276000 | 519428000 |
| Thursday, January 1, 2015 | 737887000 | 906794000 |
| Friday, January 1, 2016 | 907234000 | 1491717000 |
| Sunday, January 1, 2017 | 1071860000 | 2213533000 |
| Monday, January 1, 2018 | 1175948000 | 2638058000 |
| Tuesday, January 1, 2019 | 1344582000 | 3615063000 |
| Wednesday, January 1, 2020 | 1336183000 | 5469383000 |
| Friday, January 1, 2021 | 1375760000 | 6670200000 |
| Saturday, January 1, 2022 | 1612370000 | 7850400000 |
| Sunday, January 1, 2023 | 1842161000 | 8607000000 |
| Monday, January 1, 2024 | 2273680000 | 9489600000 |
In pursuit of knowledge
In the competitive landscape of biotechnology, Vertex Pharmaceuticals Incorporated and BioMarin Pharmaceutical Inc. have emerged as key players. Over the past decade, Vertex has demonstrated a remarkable growth trajectory, with its gross profit increasing by over 1,500% from 2014 to 2023. This surge is largely attributed to its innovative treatments for cystic fibrosis, which have dominated the market.
Conversely, BioMarin has shown steady growth, with a gross profit increase of nearly 200% during the same period. Known for its focus on rare genetic diseases, BioMarin's consistent performance underscores its strategic investments in niche markets.
By 2023, Vertex's gross profit was approximately 4.7 times that of BioMarin, highlighting its aggressive expansion and market penetration. This analysis not only reflects the dynamic nature of the biotech industry but also underscores the importance of strategic innovation and market focus.
Gross Profit Trends Compared: Eli Lilly and Company vs BioMarin Pharmaceutical Inc.
Merck & Co., Inc. vs BioMarin Pharmaceutical Inc.: A Gross Profit Performance Breakdown
Gross Profit Comparison: Vertex Pharmaceuticals Incorporated and Takeda Pharmaceutical Company Limited Trends
Key Insights on Gross Profit: Vertex Pharmaceuticals Incorporated vs Dr. Reddy's Laboratories Limited
Key Insights on Gross Profit: Vertex Pharmaceuticals Incorporated vs Perrigo Company plc
Zoetis Inc. vs BioMarin Pharmaceutical Inc.: A Gross Profit Performance Breakdown
Who Generates Higher Gross Profit? Dr. Reddy's Laboratories Limited or BioMarin Pharmaceutical Inc.
Key Insights on Gross Profit: BioMarin Pharmaceutical Inc. vs Walgreens Boots Alliance, Inc.
Key Insights on Gross Profit: BioMarin Pharmaceutical Inc. vs Alkermes plc
Who Generates Higher Gross Profit? BioMarin Pharmaceutical Inc. or MorphoSys AG
BioMarin Pharmaceutical Inc. and Supernus Pharmaceuticals, Inc.: A Detailed Gross Profit Analysis
Gross Profit Analysis: Comparing BioMarin Pharmaceutical Inc. and BioCryst Pharmaceuticals, Inc.