Gross Profit Trends Compared: Pharming Group N.V. vs Amphastar Pharmaceuticals, Inc.

Pharmaceutical Giants' Gross Profit Growth: A Decade in Review

__timestampAmphastar Pharmaceuticals, Inc.Pharming Group N.V.
Wednesday, January 1, 20145125600021595165
Thursday, January 1, 2015773470006590427
Friday, January 1, 201610418900011768542
Sunday, January 1, 20179079500092587038
Monday, January 1, 2018106985000129203843
Tuesday, January 1, 2019131923000165412447
Wednesday, January 1, 2020143340000203056430
Friday, January 1, 2021199739000169670071
Saturday, January 1, 2022248860000188060000
Sunday, January 1, 2023351121000220104000
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Cracking the code

Gross Profit Trends in the Pharmaceutical Industry

In the ever-evolving landscape of the pharmaceutical industry, understanding financial trends is crucial for investors and stakeholders. This analysis compares the gross profit trajectories of two prominent players: Pharming Group N.V. and Amphastar Pharmaceuticals, Inc. over the past decade.

From 2014 to 2023, Amphastar Pharmaceuticals, Inc. demonstrated a robust growth trajectory, with gross profits surging by approximately 585%, from $51 million to $351 million. This impressive growth reflects the company's strategic initiatives and market expansion.

Conversely, Pharming Group N.V. experienced a more moderate increase of around 920%, starting at $22 million in 2014 and reaching $220 million by 2023. This growth underscores Pharming's resilience and adaptability in a competitive market.

These trends highlight the dynamic nature of the pharmaceutical sector, where strategic decisions and market conditions significantly impact financial outcomes.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025