| __timestamp | Biogen Inc. | Jazz Pharmaceuticals plc |
|---|---|---|
| Wednesday, January 1, 2014 | 8532288000 | 1055457000 |
| Thursday, January 1, 2015 | 9523400000 | 1222277000 |
| Friday, January 1, 2016 | 9970100000 | 1382587000 |
| Sunday, January 1, 2017 | 10643900000 | 1508505000 |
| Monday, January 1, 2018 | 11636600000 | 1769378000 |
| Tuesday, January 1, 2019 | 12422500000 | 2033831000 |
| Wednesday, January 1, 2020 | 11639400000 | 2214650000 |
| Friday, January 1, 2021 | 8872000000 | 2653478000 |
| Saturday, January 1, 2022 | 7895100000 | 3118857000 |
| Sunday, January 1, 2023 | 7302200000 | 3398627000 |
| Monday, January 1, 2024 | 9675900000 |
Cracking the code
In the ever-evolving pharmaceutical industry, understanding financial trends is crucial. Over the past decade, Biogen Inc. and Jazz Pharmaceuticals plc have showcased contrasting trajectories in gross profit. From 2014 to 2023, Biogen's gross profit peaked in 2019, reaching approximately 12.4 billion, before experiencing a decline of about 41% by 2023. In contrast, Jazz Pharmaceuticals has demonstrated a robust upward trend, with gross profit surging by over 220% during the same period, culminating in 2023. This divergence highlights Biogen's challenges in maintaining its financial momentum, while Jazz Pharmaceuticals capitalizes on its growth strategies. As the pharmaceutical landscape continues to shift, these trends offer valuable insights into the strategic directions and market positions of these two industry players.
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