Novartis AG vs Ligand Pharmaceuticals Incorporated: A Gross Profit Performance Breakdown

Novartis vs Ligand: A Decade of Gross Profit Dynamics

__timestampLigand Pharmaceuticals IncorporatedNovartis AG
Wednesday, January 1, 20145540200036289000000
Thursday, January 1, 20156610700032983000000
Friday, January 1, 201610340200031916000000
Sunday, January 1, 201713573600032960000000
Monday, January 1, 201824511600034759000000
Tuesday, January 1, 201910893500034252000000
Wednesday, January 1, 202015600000034777000000
Friday, January 1, 202121495700037010000000
Saturday, January 1, 202214341800036342000000
Sunday, January 1, 20239626500034188000000
Monday, January 1, 202438895000000
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Unveiling the hidden dimensions of data

A Tale of Two Giants: Novartis AG and Ligand Pharmaceuticals

In the ever-evolving landscape of pharmaceuticals, the financial performance of industry leaders offers a window into their strategic prowess. From 2014 to 2023, Novartis AG and Ligand Pharmaceuticals Incorporated have showcased contrasting trajectories in gross profit. Novartis, a Swiss multinational, consistently reported robust figures, peaking in 2021 with a gross profit of approximately $36.3 billion. This represents a steady growth of around 13% from its lowest point in 2016. Meanwhile, Ligand Pharmaceuticals, a smaller yet innovative player, experienced a more volatile journey. Its gross profit surged by over 340% from 2014 to 2018, reaching a high of $245 million, before experiencing fluctuations in subsequent years. This comparison highlights the resilience and adaptability of these companies in a competitive market, offering valuable insights into their financial strategies and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025