Gross Profit Comparison: Halozyme Therapeutics, Inc. and Taro Pharmaceutical Industries Ltd. Trends

Halozyme's growth vs. Taro's decline: A decade of change

__timestampHalozyme Therapeutics, Inc.Taro Pharmaceutical Industries Ltd.
Wednesday, January 1, 201452602000580006000
Thursday, January 1, 2015105812000676585000
Friday, January 1, 2016113485000778966000
Sunday, January 1, 2017285461000671251000
Monday, January 1, 2018141726000463508000
Tuesday, January 1, 2019150446000445724000
Wednesday, January 1, 2020224227000399725000
Friday, January 1, 2021361897000296656000
Saturday, January 1, 2022520812000293122000
Sunday, January 1, 2023636892000268323000
Monday, January 1, 2024855907000304979000
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In pursuit of knowledge

Gross Profit Trends: Halozyme vs. Taro

In the competitive landscape of pharmaceuticals, understanding financial trends is crucial. This analysis highlights the gross profit trajectories of Halozyme Therapeutics, Inc. and Taro Pharmaceutical Industries Ltd. from 2014 to 2023. Over this period, Halozyme's gross profit surged by over 1,100%, peaking in 2023, while Taro experienced a 54% decline, reaching its lowest in the same year.

Halozyme's Growth

Halozyme's impressive growth, particularly from 2020 onwards, reflects its strategic advancements and market adaptability. By 2023, its gross profit reached approximately 636 million, showcasing a robust upward trend.

Taro's Challenges

Conversely, Taro's gross profit saw a steady decline, dropping from its 2016 peak. This trend suggests potential challenges in market positioning or operational efficiency.

These insights underscore the dynamic nature of the pharmaceutical industry, where strategic decisions significantly impact financial outcomes.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025