Gross Profit Trends Compared: Halozyme Therapeutics, Inc. vs Arrowhead Pharmaceuticals, Inc.

Biotech Giants' Gross Profit Growth: Halozyme vs. Arrowhead

__timestampArrowhead Pharmaceuticals, Inc.Halozyme Therapeutics, Inc.
Wednesday, January 1, 201417500052602000
Thursday, January 1, 2015382000105812000
Friday, January 1, 2016158333113485000
Sunday, January 1, 201731407709285461000
Monday, January 1, 201816142321141726000
Tuesday, January 1, 2019168795577150446000
Wednesday, January 1, 202087992066224227000
Friday, January 1, 2021138287000361897000
Saturday, January 1, 2022232810000520812000
Sunday, January 1, 2023240735000636892000
Monday, January 1, 20243551000855907000
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Gross Profit Trends: A Tale of Two Biotech Innovators

In the dynamic world of biotechnology, Halozyme Therapeutics, Inc. and Arrowhead Pharmaceuticals, Inc. have showcased intriguing gross profit trends over the past decade. From 2014 to 2023, Halozyme's gross profit surged by over 1,100%, peaking at approximately $637 million in 2023. This remarkable growth reflects their strategic advancements in drug delivery technologies. Meanwhile, Arrowhead Pharmaceuticals experienced a more modest yet significant increase, with gross profits rising from a mere $175,000 in 2014 to around $240 million in 2023, marking a growth of over 137,000%. This growth underscores their expanding influence in RNA interference therapies. Notably, 2024 data for Halozyme is missing, leaving room for speculation on their future trajectory. These trends highlight the evolving landscape of biotech innovation, where strategic focus and technological advancements drive financial success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025