Gross Profit Comparison: AbbVie Inc. and HUTCHMED (China) Limited Trends

AbbVie vs. HUTCHMED: A Decade of Financial Growth

__timestampAbbVie Inc.HUTCHMED (China) Limited
Wednesday, January 1, 20141553400000019764000
Thursday, January 1, 20151835900000067426000
Friday, January 1, 20161980500000059752000
Sunday, January 1, 20172117600000065383000
Monday, January 1, 20182503500000070165000
Tuesday, January 1, 20192582700000044738000
Wednesday, January 1, 20203041700000039457000
Friday, January 1, 20213875100000097894000
Saturday, January 1, 202240640000000115306000
Sunday, January 1, 202333903000000453552000
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Unleashing insights

A Tale of Two Companies: AbbVie Inc. vs. HUTCHMED (China) Limited

In the ever-evolving landscape of the pharmaceutical industry, the financial trajectories of AbbVie Inc. and HUTCHMED (China) Limited offer a fascinating study in contrasts. Over the past decade, AbbVie has consistently demonstrated robust growth, with its gross profit soaring by approximately 118% from 2014 to 2023. This impressive performance underscores AbbVie's strategic prowess in capitalizing on its blockbuster drugs and expanding its market reach.

Conversely, HUTCHMED (China) Limited, while showing a more modest growth trajectory, has seen its gross profit increase by over 2,200% during the same period. This remarkable rise, particularly evident in 2023, highlights HUTCHMED's potential in the burgeoning Chinese pharmaceutical market. As these two companies continue to navigate the complexities of the global market, their financial journeys provide valuable insights into the dynamics of the industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025