| __timestamp | Teva Pharmaceutical Industries Limited | Viatris Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 11056000000 | 3669400000 |
| Thursday, January 1, 2015 | 11356000000 | 4382200000 |
| Friday, January 1, 2016 | 11859000000 | 4998500000 |
| Sunday, January 1, 2017 | 10825000000 | 4976200000 |
| Monday, January 1, 2018 | 8296000000 | 4572000000 |
| Tuesday, January 1, 2019 | 7536000000 | 4444200000 |
| Wednesday, January 1, 2020 | 7725000000 | 3796700000 |
| Friday, January 1, 2021 | 7594000000 | 5575500000 |
| Saturday, January 1, 2022 | 6973000000 | 6497000000 |
| Sunday, January 1, 2023 | 7646000000 | 6438600000 |
| Monday, January 1, 2024 | 8064000000 |
Unleashing insights
In the ever-evolving pharmaceutical industry, understanding financial trends is crucial. This analysis compares the gross profit trajectories of Teva Pharmaceutical Industries Limited and Viatris Inc. from 2014 to 2023. Teva, a global leader in generic medicines, saw its gross profit peak in 2016, followed by a decline of approximately 41% by 2022. Meanwhile, Viatris, formed in 2020 through the merger of Mylan and Upjohn, demonstrated a steady growth, with a notable 77% increase in gross profit from 2014 to 2023.
These trends highlight the dynamic nature of the pharmaceutical sector and the importance of strategic adaptation.
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