Gross Profit Analysis: Comparing Viatris Inc. and Vericel Corporation

Viatris vs. Vericel: A Decade of Profit Growth

__timestampVericel CorporationViatris Inc.
Wednesday, January 1, 2014115030003669400000
Thursday, January 1, 2015246980004382200000
Friday, January 1, 2016260760004998500000
Sunday, January 1, 2017335700004976200000
Monday, January 1, 2018586970004572000000
Tuesday, January 1, 2019802790004444200000
Wednesday, January 1, 2020842280003796700000
Friday, January 1, 20211060250005575500000
Saturday, January 1, 20221097880006497000000
Sunday, January 1, 20231355760006438600000
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Cracking the code

A Tale of Two Companies: Viatris Inc. vs. Vericel Corporation

In the ever-evolving landscape of the pharmaceutical and biotechnology sectors, Viatris Inc. and Vericel Corporation stand as intriguing case studies. Over the past decade, Viatris has consistently outperformed Vericel in terms of gross profit, boasting figures that are nearly 50 times higher on average. From 2014 to 2023, Viatris's gross profit surged by approximately 75%, peaking in 2022 with a remarkable $6.5 billion. Meanwhile, Vericel, though smaller in scale, demonstrated impressive growth, with its gross profit increasing by over 1,000% during the same period, reaching $135 million in 2023. This stark contrast highlights the diverse strategies and market positions of these two companies. As Viatris leverages its global reach and extensive portfolio, Vericel focuses on niche markets with innovative therapies. This analysis underscores the dynamic nature of the industry and the varied paths to financial success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025