Jazz Pharmaceuticals plc vs Taro Pharmaceutical Industries Ltd.: A Gross Profit Performance Breakdown

Jazz vs. Taro: A Decade of Diverging Profits

__timestampJazz Pharmaceuticals plcTaro Pharmaceutical Industries Ltd.
Wednesday, January 1, 20141055457000580006000
Thursday, January 1, 20151222277000676585000
Friday, January 1, 20161382587000778966000
Sunday, January 1, 20171508505000671251000
Monday, January 1, 20181769378000463508000
Tuesday, January 1, 20192033831000445724000
Wednesday, January 1, 20202214650000399725000
Friday, January 1, 20212653478000296656000
Saturday, January 1, 20223118857000293122000
Sunday, January 1, 20233398627000268323000
Monday, January 1, 2024304979000
Loading chart...

Unlocking the unknown

A Tale of Two Pharmaceuticals: Jazz vs. Taro

In the competitive landscape of pharmaceuticals, Jazz Pharmaceuticals plc and Taro Pharmaceutical Industries Ltd. have showcased contrasting trajectories in gross profit over the past decade. From 2014 to 2023, Jazz Pharmaceuticals has seen a remarkable growth, with its gross profit surging by over 220%, peaking at approximately 3.4 billion in 2023. This growth reflects Jazz's strategic expansions and successful product launches.

Conversely, Taro Pharmaceutical Industries has faced challenges, with its gross profit declining by nearly 54% during the same period, dropping to around 268 million in 2023. This decline highlights the competitive pressures and market dynamics affecting Taro's performance.

While Jazz's upward trend underscores its robust market position, Taro's journey serves as a reminder of the volatility in the pharmaceutical sector. As we look to the future, the missing data for 2024 leaves room for speculation on how these industry players will adapt and evolve.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025