Novartis AG vs Teva Pharmaceutical Industries Limited: Efficiency in Cost of Revenue Explored

Cost Efficiency Battle: Novartis vs. Teva in Pharmaceuticals

__timestampNovartis AGTeva Pharmaceutical Industries Limited
Wednesday, January 1, 2014173450000009216000000
Thursday, January 1, 2015174040000008296000000
Friday, January 1, 20161752000000010044000000
Sunday, January 1, 20171717500000011560000000
Monday, January 1, 20181840700000010558000000
Tuesday, January 1, 2019144250000009351000000
Wednesday, January 1, 2020151210000008933000000
Friday, January 1, 2021158670000008284000000
Saturday, January 1, 2022154860000007952000000
Sunday, January 1, 2023124720000008200000000
Monday, January 1, 2024128270000008480000000
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Infusing magic into the data realm

Exploring Cost Efficiency: Novartis AG vs. Teva Pharmaceutical Industries Limited

In the competitive landscape of the pharmaceutical industry, cost efficiency is a critical factor for success. This analysis delves into the cost of revenue trends for Novartis AG and Teva Pharmaceutical Industries Limited from 2014 to 2023. Over this period, Novartis AG consistently maintained a higher cost of revenue, peaking in 2018 with a 19% increase from 2014. However, a notable decline of 32% was observed by 2023, reflecting strategic cost management.

Conversely, Teva Pharmaceutical Industries Limited exhibited a more volatile pattern, with a significant 26% rise in 2017, followed by a gradual decrease, reaching its lowest in 2022. This fluctuation highlights the challenges faced by Teva in stabilizing its cost structure. The data underscores the importance of efficient cost management in sustaining competitive advantage in the pharmaceutical sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025