Key Insights on Gross Profit: Gilead Sciences, Inc. vs Halozyme Therapeutics, Inc.

Biotech Giants: Gilead vs. Halozyme's Profit Journey

__timestampGilead Sciences, Inc.Halozyme Therapeutics, Inc.
Wednesday, January 1, 20142110200000052602000
Thursday, January 1, 201528633000000105812000
Friday, January 1, 201626129000000113485000
Sunday, January 1, 201721736000000285461000
Monday, January 1, 201817274000000141726000
Tuesday, January 1, 201917774000000150446000
Wednesday, January 1, 202020117000000224227000
Friday, January 1, 202120704000000361897000
Saturday, January 1, 202221624000000520812000
Sunday, January 1, 202320618000000636892000
Monday, January 1, 202478200000855907000
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Data in motion

A Tale of Two Biotechs: Gilead Sciences vs. Halozyme Therapeutics

In the ever-evolving landscape of biotechnology, Gilead Sciences, Inc. and Halozyme Therapeutics, Inc. present a fascinating study in contrasts. Over the past decade, Gilead has consistently demonstrated robust financial performance, with gross profits peaking in 2015 at nearly 30% above their 2014 levels. Despite a dip in 2018, Gilead's gross profit has remained resilient, averaging around $21 billion annually.

Conversely, Halozyme Therapeutics, while smaller in scale, has shown impressive growth. From a modest gross profit in 2014, Halozyme has increased its profits by over 1,100% by 2023. This remarkable growth trajectory highlights Halozyme's potential in the biotech sector.

As we look to the future, these two companies exemplify the diverse strategies and outcomes within the biotech industry, offering valuable insights for investors and industry watchers alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025