| __timestamp | Bio-Techne Corporation | Pharming Group N.V. |
|---|---|---|
| Wednesday, January 1, 2014 | 251411000 | 21595165 |
| Thursday, January 1, 2015 | 307277000 | 6590427 |
| Friday, January 1, 2016 | 336659000 | 11768542 |
| Sunday, January 1, 2017 | 374541000 | 92587038 |
| Monday, January 1, 2018 | 432143000 | 129203843 |
| Tuesday, January 1, 2019 | 473491000 | 165412447 |
| Wednesday, January 1, 2020 | 483194000 | 203056430 |
| Friday, January 1, 2021 | 632850000 | 169670071 |
| Saturday, January 1, 2022 | 756496000 | 188060000 |
| Sunday, January 1, 2023 | 769815000 | 220104000 |
| Monday, January 1, 2024 | 769725000 |
Unlocking the unknown
In the dynamic world of biotechnology, financial performance is a key indicator of a company's health and potential. Over the past decade, Bio-Techne Corporation has consistently outperformed Pharming Group N.V. in terms of gross profit. From 2014 to 2023, Bio-Techne's gross profit surged by over 200%, peaking in 2023 with a remarkable 770 million USD. In contrast, Pharming Group N.V. experienced a more modest growth, with its gross profit increasing by approximately 900% over the same period, reaching 220 million USD in 2023.
This stark difference highlights Bio-Techne's robust market strategy and operational efficiency. However, Pharming's rapid growth rate, despite its smaller base, suggests a promising trajectory. As we look to the future, the absence of data for 2024 leaves room for speculation on how these biotech titans will continue to evolve.
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