Gross Profit Trends Compared: Alnylam Pharmaceuticals, Inc. vs Taro Pharmaceutical Industries Ltd.

Alnylam vs. Taro: Divergent Profit Paths in Pharma

__timestampAlnylam Pharmaceuticals, Inc.Taro Pharmaceutical Industries Ltd.
Wednesday, January 1, 201450561000580006000
Thursday, January 1, 201541097000676585000
Friday, January 1, 201647159000778966000
Sunday, January 1, 201776545000671251000
Monday, January 1, 201873106000463508000
Tuesday, January 1, 2019194688000445724000
Wednesday, January 1, 2020414801000399725000
Friday, January 1, 2021704143000296656000
Saturday, January 1, 2022868601000293122000
Sunday, January 1, 20231517886000268323000
Monday, January 1, 20241924873000304979000
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Infusing magic into the data realm

Gross Profit Trends: A Tale of Two Pharmaceuticals

In the competitive landscape of pharmaceuticals, Alnylam Pharmaceuticals, Inc. and Taro Pharmaceutical Industries Ltd. have showcased contrasting trajectories in their gross profit trends over the past decade. From 2014 to 2023, Alnylam Pharmaceuticals experienced a remarkable growth, with its gross profit surging by over 2,900%, peaking at approximately $1.52 billion in 2023. This growth reflects Alnylam's strategic advancements and successful product launches.

Conversely, Taro Pharmaceutical Industries Ltd. faced a decline, with its gross profit decreasing by about 54% from its 2016 peak of $778 million to $268 million in 2023. This decline may be attributed to increased competition and market challenges.

The data for 2024 remains incomplete, leaving room for speculation on future trends. As the pharmaceutical industry continues to evolve, these companies' financial performances will be pivotal in shaping their market positions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025