Gross Profit Trends Compared: United Therapeutics Corporation vs Halozyme Therapeutics, Inc.

Biotech Giants' Gross Profit: A Decade of Growth and Innovation

__timestampHalozyme Therapeutics, Inc.United Therapeutics Corporation
Wednesday, January 1, 2014526020001162636000
Thursday, January 1, 20151058120001396725000
Friday, January 1, 20161134850001526100000
Sunday, January 1, 20172854610001619600000
Monday, January 1, 20181417260001429100000
Tuesday, January 1, 20191504460001331200000
Wednesday, January 1, 20202242270001375200000
Friday, January 1, 20213618970001563000000
Saturday, January 1, 20225208120001789600000
Sunday, January 1, 20236368920002070000000
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Unlocking the unknown

Gross Profit Trends: A Tale of Two Biotech Giants

In the competitive landscape of biotechnology, United Therapeutics Corporation and Halozyme Therapeutics, Inc. have shown distinct trajectories in their gross profit trends over the past decade. From 2014 to 2023, United Therapeutics has consistently outperformed, with a gross profit peaking at approximately $2.07 billion in 2023, marking a 78% increase from 2014. Meanwhile, Halozyme Therapeutics has demonstrated impressive growth, with a staggering 1,110% increase in gross profit, reaching around $637 million in 2023. This remarkable growth reflects Halozyme's strategic advancements and market penetration. The data highlights the dynamic nature of the biotech industry, where innovation and strategic positioning can lead to significant financial gains. As these companies continue to evolve, their financial trajectories offer valuable insights into the broader trends shaping the biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025