Neurocrine Biosciences, Inc. vs Pharming Group N.V.: Efficiency in Cost of Revenue Explored

Biotech Giants' Cost Efficiency: A Decade of Divergence

__timestampNeurocrine Biosciences, Inc.Pharming Group N.V.
Wednesday, January 1, 2014144000004167274
Thursday, January 1, 2015338000005247851
Friday, January 1, 2016359000004925118
Sunday, January 1, 2017125400014930297
Monday, January 1, 2018488900025371768
Tuesday, January 1, 2019740000023921274
Wednesday, January 1, 20201010000025338236
Friday, January 1, 20211430000020182966
Saturday, January 1, 20222320000017562000
Sunday, January 1, 20233970000025212000
Monday, January 1, 202434000000
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Igniting the spark of knowledge

Exploring Cost Efficiency: Neurocrine Biosciences, Inc. vs Pharming Group N.V.

In the competitive landscape of biotechnology, cost efficiency is a critical factor for success. Over the past decade, Neurocrine Biosciences, Inc. and Pharming Group N.V. have demonstrated contrasting trends in their cost of revenue. From 2014 to 2023, Neurocrine Biosciences saw a significant increase in cost efficiency, with their cost of revenue peaking at approximately 39.7 million in 2023, a remarkable 175% increase from 2014. In contrast, Pharming Group N.V. experienced a more stable trajectory, with costs rising steadily to about 25.2 million in 2023, marking a 505% increase from 2014. This divergence highlights Neurocrine's aggressive growth strategy, while Pharming maintains a more consistent approach. As the biotech industry evolves, understanding these financial dynamics is crucial for investors and stakeholders aiming to make informed decisions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025