Gross Profit Comparison: Alnylam Pharmaceuticals, Inc. and Veracyte, Inc. Trends

Biotech Giants: Alnylam vs. Veracyte Profit Trends

__timestampAlnylam Pharmaceuticals, Inc.Veracyte, Inc.
Wednesday, January 1, 20145056100021584000
Thursday, January 1, 20154109700028006000
Friday, January 1, 20164715900039623000
Sunday, January 1, 20177654500043758000
Monday, January 1, 20187310600058930000
Tuesday, January 1, 201919468800083845000
Wednesday, January 1, 202041480100076028000
Friday, January 1, 2021704143000145114000
Saturday, January 1, 2022868601000194954000
Sunday, January 1, 20231517886000248148000
Monday, January 1, 20241924873000
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Data in motion

A Tale of Two Biotechs: Alnylam vs. Veracyte

In the dynamic world of biotechnology, Alnylam Pharmaceuticals, Inc. and Veracyte, Inc. have carved distinct paths over the past decade. From 2014 to 2023, Alnylam's gross profit surged by an impressive 2,900%, reflecting its robust growth trajectory and innovative breakthroughs. In contrast, Veracyte's gross profit increased by approximately 1,050%, showcasing its steady expansion in the diagnostic space.

Alnylam's Meteoric Rise

Alnylam's journey is marked by a significant leap in 2023, where its gross profit reached a peak, underscoring its strategic advancements in RNA interference therapeutics. This growth is a testament to its successful product launches and expanding market presence.

Veracyte's Steady Ascent

Veracyte, while not as explosive, has consistently grown, doubling its gross profit from 2020 to 2023. This steady climb highlights its commitment to enhancing diagnostic solutions and expanding its test offerings.

Both companies exemplify the diverse strategies within the biotech sector, each contributing uniquely to healthcare innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025