Gross Profit Comparison: Alnylam Pharmaceuticals, Inc. and BioMarin Pharmaceutical Inc. Trends

Biotech Giants' Profit Race: Alnylam vs. BioMarin

__timestampAlnylam Pharmaceuticals, Inc.BioMarin Pharmaceutical Inc.
Wednesday, January 1, 201450561000621276000
Thursday, January 1, 201541097000737887000
Friday, January 1, 201647159000907234000
Sunday, January 1, 2017765450001071860000
Monday, January 1, 2018731060001175948000
Tuesday, January 1, 20191946880001344582000
Wednesday, January 1, 20204148010001336183000
Friday, January 1, 20217041430001375760000
Saturday, January 1, 20228686010001612370000
Sunday, January 1, 202315178860001842161000
Monday, January 1, 202419248730002273680000
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Igniting the spark of knowledge

A Tale of Two Biotechs: Alnylam vs. BioMarin

In the dynamic world of biotechnology, Alnylam Pharmaceuticals and BioMarin Pharmaceutical have carved distinct paths over the past decade. From 2014 to 2023, BioMarin consistently outperformed Alnylam in gross profit, with BioMarin's figures peaking at approximately 1.84 billion in 2023, a 196% increase from 2014. Alnylam, however, showcased a remarkable growth trajectory, with its gross profit surging by over 2,900% during the same period, reaching around 1.52 billion in 2023. This impressive growth highlights Alnylam's strategic advancements and market penetration. While BioMarin's steady climb underscores its established market presence, Alnylam's rapid ascent signals its emerging influence in the biotech sector. As these companies continue to innovate, their financial trajectories offer a fascinating glimpse into the evolving landscape of pharmaceutical innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025