Gross Profit Comparison: Ascendis Pharma A/S and MorphoSys AG Trends

Biotech Giants: Ascendis vs. MorphoSys Profit Trends

__timestampAscendis Pharma A/SMorphoSys AG
Wednesday, January 1, 20141398300063900978
Thursday, January 1, 20158118000106145897
Friday, January 1, 2016460600049646515
Sunday, January 1, 2017153000066757840
Monday, January 1, 20181058100074645876
Tuesday, January 1, 20191337500059670105
Wednesday, January 1, 20206953000318524319
Friday, January 1, 20214255000147400000
Saturday, January 1, 202239037000229647003
Sunday, January 1, 2023222323000179923313
Monday, January 1, 2024319383000
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Data in motion

A Tale of Two Biotechs: Ascendis Pharma A/S vs. MorphoSys AG

In the dynamic world of biotechnology, Ascendis Pharma A/S and MorphoSys AG have carved distinct paths over the past decade. From 2014 to 2023, MorphoSys AG consistently outperformed Ascendis Pharma in gross profit, peaking in 2020 with a staggering 318% increase from its 2016 figures. However, Ascendis Pharma made a remarkable leap in 2023, achieving a gross profit surge of over 5,600% compared to its 2017 low. This dramatic rise highlights Ascendis Pharma's strategic advancements and market adaptability. Meanwhile, MorphoSys AG's steady growth underscores its robust business model and sustained market presence. As these two companies continue to innovate, their financial trajectories offer valuable insights into the evolving biotech landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025