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

Biotech Giants: Halozyme vs. BioCryst Gross Profit Trends

__timestampBioCryst Pharmaceuticals, Inc.Halozyme Therapeutics, Inc.
Wednesday, January 1, 20141348600052602000
Thursday, January 1, 201546361000105812000
Friday, January 1, 201623654000113485000
Sunday, January 1, 201723484000285461000
Monday, January 1, 201820182000141726000
Tuesday, January 1, 201944734000150446000
Wednesday, January 1, 202016136000224227000
Friday, January 1, 2021149906000361897000
Saturday, January 1, 2022264233000520812000
Sunday, January 1, 2023326751000636892000
Monday, January 1, 2024855907000
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Unleashing insights

A Tale of Two Biotechs: Gross Profit Trends from 2014 to 2023

In the competitive world of biotechnology, financial performance is a key indicator of a company's success. Over the past decade, Halozyme Therapeutics, Inc. and BioCryst Pharmaceuticals, Inc. have shown distinct trajectories in their gross profit margins. From 2014 to 2023, Halozyme's gross profit surged by over 1,100%, reaching a peak in 2023. This remarkable growth reflects the company's strategic advancements and market positioning. In contrast, BioCryst Pharmaceuticals experienced a more modest increase of approximately 2,300% during the same period, indicating steady progress in its financial health. Notably, 2021 marked a pivotal year for both companies, with Halozyme achieving a 55% increase in gross profit, while BioCryst saw a significant 77% rise. These trends underscore the dynamic nature of the biotech industry and highlight the importance of strategic innovation and market adaptation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025