| __timestamp | BioMarin Pharmaceutical Inc. | Travere Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 621276000 | 27632226 |
| Thursday, January 1, 2015 | 737887000 | 97707000 |
| Friday, January 1, 2016 | 907234000 | 129037000 |
| Sunday, January 1, 2017 | 1071860000 | 151332000 |
| Monday, January 1, 2018 | 1175948000 | 158719000 |
| Tuesday, January 1, 2019 | 1344582000 | 170104000 |
| Wednesday, January 1, 2020 | 1336183000 | 192195000 |
| Friday, January 1, 2021 | 1375760000 | 220706000 |
| Saturday, January 1, 2022 | 1612370000 | 204426000 |
| Sunday, January 1, 2023 | 1842161000 | 133788000 |
| Monday, January 1, 2024 | 2273680000 |
Unleashing the power of data
In the dynamic world of biotechnology, financial performance is a key indicator of a company's health and potential. Over the past decade, BioMarin Pharmaceutical Inc. and Travere Therapeutics, Inc. have showcased contrasting trajectories in their gross profit trends. From 2014 to 2023, BioMarin's gross profit surged by nearly 200%, reflecting its robust growth and market adaptability. In contrast, Travere's growth, while positive, was more modest, with an increase of approximately 380% over the same period. This disparity highlights BioMarin's dominant position in the market, consistently outperforming Travere by a significant margin. The year 2023 marked a peak for BioMarin, achieving its highest gross profit, while Travere experienced a slight dip. These trends underscore the competitive landscape of the biotech industry, where innovation and strategic investments drive financial success.
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