Gross Profit Comparison: Teva Pharmaceutical Industries Limited and BioMarin Pharmaceutical Inc. Trends

Teva vs. BioMarin: A Decade of Diverging Profits

__timestampBioMarin Pharmaceutical Inc.Teva Pharmaceutical Industries Limited
Wednesday, January 1, 201462127600011056000000
Thursday, January 1, 201573788700011356000000
Friday, January 1, 201690723400011859000000
Sunday, January 1, 2017107186000010825000000
Monday, January 1, 201811759480008296000000
Tuesday, January 1, 201913445820007536000000
Wednesday, January 1, 202013361830007725000000
Friday, January 1, 202113757600007594000000
Saturday, January 1, 202216123700006973000000
Sunday, January 1, 202318421610007646000000
Monday, January 1, 202422736800008064000000
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A Tale of Two Pharmaceutical Giants: Teva vs. BioMarin

In the ever-evolving pharmaceutical industry, the financial health of companies is a key indicator of their market position and potential for innovation. Over the past decade, Teva Pharmaceutical Industries Limited and BioMarin Pharmaceutical Inc. have showcased contrasting trends in gross profit. From 2014 to 2023, Teva's gross profit has seen a decline of approximately 30%, dropping from its peak in 2016. In contrast, BioMarin has experienced a robust growth of nearly 200% during the same period, reflecting its strategic advancements and market expansion.

This divergence highlights the dynamic nature of the pharmaceutical sector, where strategic decisions and market adaptability play crucial roles. As Teva navigates challenges, BioMarin's upward trajectory underscores its growing influence. Investors and industry watchers should keep a close eye on these trends as they offer valuable insights into the future landscape of pharmaceuticals.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025