Gross Profit Trends Compared: Alnylam Pharmaceuticals, Inc. vs Travere Therapeutics, Inc.

Biotech Giants' Profit Growth: Alnylam vs. Travere

__timestampAlnylam Pharmaceuticals, Inc.Travere Therapeutics, Inc.
Wednesday, January 1, 20145056100027632226
Thursday, January 1, 20154109700097707000
Friday, January 1, 201647159000129037000
Sunday, January 1, 201776545000151332000
Monday, January 1, 201873106000158719000
Tuesday, January 1, 2019194688000170104000
Wednesday, January 1, 2020414801000192195000
Friday, January 1, 2021704143000220706000
Saturday, January 1, 2022868601000204426000
Sunday, January 1, 20231517886000133788000
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Gross Profit Trends: Alnylam Pharmaceuticals vs. Travere Therapeutics

In the dynamic world of biotechnology, financial performance is a key indicator of a company's health and potential. Alnylam Pharmaceuticals and Travere Therapeutics, two prominent players in the industry, have shown distinct 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 in 2023. This growth reflects Alnylam's successful product launches and strategic market positioning. In contrast, Travere Therapeutics displayed a more modest increase of approximately 384% during the same period, highlighting steady progress but at a slower pace. The year 2023 marked a significant divergence, with Alnylam's gross profit reaching nearly 11 times that of Travere's. These trends underscore the varying strategies and market responses of these companies, offering valuable insights for investors and industry analysts.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025