Key Insights on Gross Profit: Halozyme Therapeutics, Inc. vs HUTCHMED (China) Limited

Biotech Giants: Halozyme vs. HUTCHMED's Profit Growth Battle

__timestampHUTCHMED (China) LimitedHalozyme Therapeutics, Inc.
Wednesday, January 1, 20141976400052602000
Thursday, January 1, 201567426000105812000
Friday, January 1, 201659752000113485000
Sunday, January 1, 201765383000285461000
Monday, January 1, 201870165000141726000
Tuesday, January 1, 201944738000150446000
Wednesday, January 1, 202039457000224227000
Friday, January 1, 202197894000361897000
Saturday, January 1, 2022115306000520812000
Sunday, January 1, 2023453552000636892000
Monday, January 1, 2024855907000
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Cracking the code

A Tale of Two Biotechs: Halozyme vs. HUTCHMED

In the ever-evolving biotech landscape, Halozyme Therapeutics, Inc. and HUTCHMED (China) Limited have showcased intriguing trajectories in gross profit over the past decade. From 2014 to 2023, Halozyme's gross profit surged by over 1,100%, peaking at approximately $637 million in 2023. This remarkable growth underscores Halozyme's strategic advancements and market adaptability.

Conversely, HUTCHMED's journey, while impressive, reflects a more modest growth of around 2,200% during the same period, culminating in a gross profit of about $454 million in 2023. This growth trajectory highlights HUTCHMED's steady expansion in the competitive biotech sector.

The data reveals a compelling narrative of innovation and resilience, with both companies navigating the complexities of the global market. As these biotechs continue to evolve, their financial performance offers valuable insights into their strategic directions and market positions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025