Gross Profit Trends Compared: Vericel Corporation vs Arrowhead Pharmaceuticals, Inc.

Biotech Giants' Gross Profit Growth: 2014-2023

__timestampArrowhead Pharmaceuticals, Inc.Vericel Corporation
Wednesday, January 1, 201417500011503000
Thursday, January 1, 201538200024698000
Friday, January 1, 201615833326076000
Sunday, January 1, 20173140770933570000
Monday, January 1, 20181614232158697000
Tuesday, January 1, 201916879557780279000
Wednesday, January 1, 20208799206684228000
Friday, January 1, 2021138287000106025000
Saturday, January 1, 2022232810000109788000
Sunday, January 1, 2023240735000135576000
Monday, January 1, 20243551000
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In pursuit of knowledge

Gross Profit Trends: A Tale of Two Innovators

In the dynamic world of biotechnology, Vericel Corporation and Arrowhead Pharmaceuticals, Inc. have carved distinct paths over the past decade. From 2014 to 2023, Arrowhead Pharmaceuticals experienced a staggering growth in gross profit, peaking at approximately $240 million in 2023, a remarkable increase from a modest $175,000 in 2014. This represents an exponential growth rate, underscoring Arrowhead's strategic advancements in RNA interference therapeutics.

Conversely, Vericel Corporation, a leader in advanced cell therapies, showcased a steady upward trajectory, with gross profits rising from $11.5 million in 2014 to $135.6 million in 2023. This consistent growth highlights Vericel's robust market presence and innovation in regenerative medicine.

While both companies have shown impressive growth, the data for 2024 remains incomplete, leaving room for speculation on future trends. As these companies continue to innovate, their financial trajectories will be closely watched by investors and industry experts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025