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

Vertex vs. Halozyme: A Decade of Gross Profit Growth

__timestampHalozyme Therapeutics, Inc.Vertex Pharmaceuticals Incorporated
Wednesday, January 1, 201452602000519428000
Thursday, January 1, 2015105812000906794000
Friday, January 1, 20161134850001491717000
Sunday, January 1, 20172854610002213533000
Monday, January 1, 20181417260002638058000
Tuesday, January 1, 20191504460003615063000
Wednesday, January 1, 20202242270005469383000
Friday, January 1, 20213618970006670200000
Saturday, January 1, 20225208120007850400000
Sunday, January 1, 20236368920008607000000
Monday, January 1, 20248559070009489600000
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Gross Profit Trends: Vertex Pharmaceuticals vs. Halozyme Therapeutics

In the competitive landscape of biotechnology, understanding financial performance is crucial. Over the past decade, Vertex Pharmaceuticals Incorporated has consistently outperformed Halozyme Therapeutics, Inc. in terms of gross profit. From 2014 to 2023, Vertex's gross profit surged by over 1,500%, reaching approximately $8.6 billion in 2023. In contrast, Halozyme's growth, while impressive, was more modest, with a 1,100% increase, culminating in a gross profit of around $637 million in the same year.

This stark difference highlights Vertex's dominant position in the market, driven by its innovative treatments and strategic investments. Meanwhile, Halozyme's steady growth reflects its niche focus and potential for future expansion. As the biotech industry continues to evolve, these trends offer valuable insights into the financial health and strategic direction of these two key players.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025