Key Insights on Gross Profit: AbbVie Inc. vs Arrowhead Pharmaceuticals, Inc.

Biopharma Giants: AbbVie vs Arrowhead - A Financial Journey

__timestampAbbVie Inc.Arrowhead Pharmaceuticals, Inc.
Wednesday, January 1, 201415534000000175000
Thursday, January 1, 201518359000000382000
Friday, January 1, 201619805000000158333
Sunday, January 1, 20172117600000031407709
Monday, January 1, 20182503500000016142321
Tuesday, January 1, 201925827000000168795577
Wednesday, January 1, 20203041700000087992066
Friday, January 1, 202138751000000138287000
Saturday, January 1, 202240640000000232810000
Sunday, January 1, 202333903000000240735000
Monday, January 1, 2024394300000003551000
Loading chart...

Infusing magic into the data realm

A Tale of Two Biopharma Giants: AbbVie Inc. vs Arrowhead Pharmaceuticals, Inc.

In the ever-evolving landscape of biopharmaceuticals, the financial trajectories of AbbVie Inc. and Arrowhead Pharmaceuticals, Inc. offer a fascinating study. From 2014 to 2023, AbbVie has consistently demonstrated robust growth, with its gross profit soaring by approximately 118%, peaking in 2022. This growth underscores AbbVie's strategic prowess in the pharmaceutical sector. In contrast, Arrowhead Pharmaceuticals, while smaller in scale, has shown remarkable resilience and potential. Despite starting with a modest gross profit in 2014, Arrowhead's figures have surged by over 1,300% by 2023, reflecting its innovative approach in RNA interference therapies. However, the data for 2024 remains incomplete, leaving room for speculation on future trends. This comparison not only highlights the diverse strategies of these companies but also the dynamic nature of the biopharma industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025