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

AbbVie vs BioCryst: A Decade of Gross Profit Growth

__timestampAbbVie Inc.BioCryst Pharmaceuticals, Inc.
Wednesday, January 1, 20141553400000013486000
Thursday, January 1, 20151835900000046361000
Friday, January 1, 20161980500000023654000
Sunday, January 1, 20172117600000023484000
Monday, January 1, 20182503500000020182000
Tuesday, January 1, 20192582700000044734000
Wednesday, January 1, 20203041700000016136000
Friday, January 1, 202138751000000149906000
Saturday, January 1, 202240640000000264233000
Sunday, January 1, 202333903000000326751000
Monday, January 1, 20240
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Data in motion

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

In the competitive landscape of biopharmaceuticals, gross profit is a key indicator of a company's financial health and market position. Over the past decade, AbbVie Inc. has consistently outperformed BioCryst Pharmaceuticals, Inc. in terms of gross profit. From 2014 to 2023, AbbVie's gross profit surged by approximately 118%, peaking in 2022. In contrast, BioCryst's growth, while notable, was more modest, with a 2,320% increase over the same period, albeit from a much smaller base.

AbbVie's strategic investments and blockbuster drugs have propelled its financial success, while BioCryst's focus on niche markets has resulted in steady, albeit smaller, gains. This comparison highlights the diverse strategies within the biopharma sector and underscores the importance of scale and innovation in driving profitability.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025