Key Insights on Gross Profit: Gilead Sciences, Inc. vs Ligand Pharmaceuticals Incorporated

Biotech Giants: Gilead vs. Ligand Gross Profit Trends

__timestampGilead Sciences, Inc.Ligand Pharmaceuticals Incorporated
Wednesday, January 1, 20142110200000055402000
Thursday, January 1, 20152863300000066107000
Friday, January 1, 201626129000000103402000
Sunday, January 1, 201721736000000135736000
Monday, January 1, 201817274000000245116000
Tuesday, January 1, 201917774000000108935000
Wednesday, January 1, 202020117000000156000000
Friday, January 1, 202120704000000214957000
Saturday, January 1, 202221624000000143418000
Sunday, January 1, 20232061800000096265000
Monday, January 1, 202478200000
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Unveiling the hidden dimensions of data

Gilead Sciences vs. Ligand Pharmaceuticals: A Decade of Gross Profit Trends

In the competitive landscape of biotechnology, Gilead Sciences, Inc. and Ligand Pharmaceuticals Incorporated have showcased contrasting financial trajectories over the past decade. From 2014 to 2023, Gilead Sciences consistently reported a robust gross profit, peaking in 2015 with a 36% increase from the previous year. However, a gradual decline followed, with a notable dip in 2018, marking a 40% decrease from its peak.

Conversely, Ligand Pharmaceuticals, while operating on a smaller scale, demonstrated a remarkable growth trajectory. From a modest start in 2014, Ligand's gross profit surged by over 340% by 2018, highlighting its strategic advancements in the biotech sector.

This analysis underscores the dynamic nature of the biotech industry, where strategic innovation and market adaptation play pivotal roles in financial performance.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025