Gross Profit Comparison: Pharming Group N.V. and Ligand Pharmaceuticals Incorporated Trends

Biopharma Profit Trends: Pharming vs. Ligand

__timestampLigand Pharmaceuticals IncorporatedPharming Group N.V.
Wednesday, January 1, 20145540200021595165
Thursday, January 1, 2015661070006590427
Friday, January 1, 201610340200011768542
Sunday, January 1, 201713573600092587038
Monday, January 1, 2018245116000129203843
Tuesday, January 1, 2019108935000165412447
Wednesday, January 1, 2020156000000203056430
Friday, January 1, 2021214957000169670071
Saturday, January 1, 2022143418000188060000
Sunday, January 1, 202396265000220104000
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Gross Profit Trends in Biopharmaceuticals: A Comparative Analysis

In the ever-evolving landscape of biopharmaceuticals, understanding financial trends is crucial. This analysis delves into the gross profit trajectories of two industry players: Pharming Group N.V. and Ligand Pharmaceuticals Incorporated from 2014 to 2023.

Ligand Pharmaceuticals, known for its innovative drug discovery technologies, saw a remarkable 340% increase in gross profit from 2014 to 2018, peaking in 2018. However, a decline followed, with a 60% drop by 2023. In contrast, Pharming Group N.V., a leader in rare disease treatments, experienced a steady rise, with a 920% increase over the same period, culminating in 2023.

This divergence highlights the dynamic nature of the sector, where strategic focus and market conditions can significantly impact financial outcomes. Investors and stakeholders should consider these trends when evaluating potential opportunities in the biopharmaceutical industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025