__timestamp | Bio-Techne Corporation | Biogen Inc. |
---|---|---|
Wednesday, January 1, 2014 | 251411000 | 8532288000 |
Thursday, January 1, 2015 | 307277000 | 9523400000 |
Friday, January 1, 2016 | 336659000 | 9970100000 |
Sunday, January 1, 2017 | 374541000 | 10643900000 |
Monday, January 1, 2018 | 432143000 | 11636600000 |
Tuesday, January 1, 2019 | 473491000 | 12422500000 |
Wednesday, January 1, 2020 | 483194000 | 11639400000 |
Friday, January 1, 2021 | 632850000 | 8872000000 |
Saturday, January 1, 2022 | 756496000 | 7895100000 |
Sunday, January 1, 2023 | 769815000 | 7302200000 |
Monday, January 1, 2024 | 769725000 | 9675900000 |
Unleashing insights
In the ever-evolving world of biotechnology, two companies have consistently captured the spotlight: Biogen Inc. and Bio-Techne Corporation. Over the past decade, these industry titans have showcased contrasting trajectories in their gross profit trends. From 2014 to 2023, Biogen Inc. experienced a notable decline in gross profit, dropping from a peak in 2019 to a 41% decrease by 2023. Meanwhile, Bio-Techne Corporation demonstrated a robust growth trajectory, with its gross profit nearly tripling over the same period.
This divergence highlights the dynamic nature of the biotech sector, where innovation and strategic decisions can lead to vastly different financial outcomes. As we look to the future, the absence of Biogen's 2024 data leaves room for speculation, while Bio-Techne's consistent upward trend suggests a promising path ahead.
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