Gross Profit Comparison: Halozyme Therapeutics, Inc. and Amphastar Pharmaceuticals, Inc. Trends

Halozyme's Gross Profit Outpaces Amphastar by 80% in 2023

__timestampAmphastar Pharmaceuticals, Inc.Halozyme Therapeutics, Inc.
Wednesday, January 1, 20145125600052602000
Thursday, January 1, 201577347000105812000
Friday, January 1, 2016104189000113485000
Sunday, January 1, 201790795000285461000
Monday, January 1, 2018106985000141726000
Tuesday, January 1, 2019131923000150446000
Wednesday, January 1, 2020143340000224227000
Friday, January 1, 2021199739000361897000
Saturday, January 1, 2022248860000520812000
Sunday, January 1, 2023351121000636892000
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Unleashing insights

Gross Profit Trends: Halozyme vs. Amphastar

In the competitive landscape of biotechnology and pharmaceuticals, understanding financial performance is crucial. Over the past decade, Halozyme Therapeutics, Inc. and Amphastar Pharmaceuticals, Inc. have shown remarkable growth in gross profit. From 2014 to 2023, Halozyme's gross profit surged by over 1,100%, reaching approximately $637 million in 2023. Amphastar, while trailing, demonstrated a robust increase of nearly 585%, culminating in a gross profit of around $351 million in the same year.

This trend highlights Halozyme's aggressive growth strategy, outpacing Amphastar by a significant margin. The data underscores the dynamic nature of the industry, where strategic investments and innovations can lead to substantial financial gains. As these companies continue to evolve, stakeholders and investors should keep a keen eye on their financial trajectories, which reflect broader industry trends and potential future opportunities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025