| __timestamp | Bio-Techne Corporation | BioMarin Pharmaceutical Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 251411000 | 621276000 |
| Thursday, January 1, 2015 | 307277000 | 737887000 |
| Friday, January 1, 2016 | 336659000 | 907234000 |
| Sunday, January 1, 2017 | 374541000 | 1071860000 |
| Monday, January 1, 2018 | 432143000 | 1175948000 |
| Tuesday, January 1, 2019 | 473491000 | 1344582000 |
| Wednesday, January 1, 2020 | 483194000 | 1336183000 |
| Friday, January 1, 2021 | 632850000 | 1375760000 |
| Saturday, January 1, 2022 | 756496000 | 1612370000 |
| Sunday, January 1, 2023 | 769815000 | 1842161000 |
| Monday, January 1, 2024 | 769725000 | 2273680000 |
Infusing magic into the data realm
In the ever-evolving world of biotechnology, financial performance is a key indicator of a company's success. Over the past decade, Bio-Techne Corporation and BioMarin Pharmaceutical Inc. have showcased remarkable growth in their gross profits. From 2014 to 2023, Bio-Techne's gross profit surged by over 200%, starting at approximately $251 million and peaking at around $770 million in 2023. Meanwhile, BioMarin's gross profit grew by nearly 200% as well, from about $621 million in 2014 to an impressive $1.84 billion in 2023.
Despite BioMarin's higher absolute figures, both companies have demonstrated consistent upward trends, reflecting their strategic prowess in the biotech sector. Notably, BioMarin's data for 2024 is missing, leaving room for speculation about its future trajectory. As these giants continue to innovate, their financial journeys offer valuable insights into the dynamic landscape of biotechnology.
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