Gross Profit Trends Compared: Gilead Sciences, Inc. vs Ascendis Pharma A/S

Biopharma Giants: Divergent Gross Profit Journeys

__timestampAscendis Pharma A/SGilead Sciences, Inc.
Wednesday, January 1, 20141398300021102000000
Thursday, January 1, 2015811800028633000000
Friday, January 1, 2016460600026129000000
Sunday, January 1, 2017153000021736000000
Monday, January 1, 20181058100017274000000
Tuesday, January 1, 20191337500017774000000
Wednesday, January 1, 2020695300020117000000
Friday, January 1, 2021425500020704000000
Saturday, January 1, 20223903700021624000000
Sunday, January 1, 202322232300020618000000
Monday, January 1, 202431938300078200000
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Infusing magic into the data realm

Gross Profit Trends: A Tale of Two Biopharma Giants

In the ever-evolving landscape of biopharmaceuticals, Gilead Sciences, Inc. and Ascendis Pharma A/S present a fascinating study in contrasts. Over the past decade, Gilead Sciences has consistently demonstrated robust financial performance, with gross profits peaking in 2015 at approximately 33% higher than their 2014 figures. However, a gradual decline followed, with a 28% reduction by 2018, before stabilizing around the $20 billion mark in recent years.

Conversely, Ascendis Pharma, a relatively newer player, has shown a remarkable growth trajectory. From modest beginnings in 2014, their gross profit surged by an astounding 1,500% by 2023. This growth underscores Ascendis Pharma's strategic advancements and market penetration.

These trends highlight the dynamic nature of the biopharma sector, where established giants and emerging innovators coexist, each navigating their unique paths to success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025