Pharming Group N.V. vs Taro Pharmaceutical Industries Ltd.: A Gross Profit Performance Breakdown

Pharmaceutical Giants: A Decade of Gross Profit Trends

__timestampPharming Group N.V.Taro Pharmaceutical Industries Ltd.
Wednesday, January 1, 201421595165580006000
Thursday, January 1, 20156590427676585000
Friday, January 1, 201611768542778966000
Sunday, January 1, 201792587038671251000
Monday, January 1, 2018129203843463508000
Tuesday, January 1, 2019165412447445724000
Wednesday, January 1, 2020203056430399725000
Friday, January 1, 2021169670071296656000
Saturday, January 1, 2022188060000293122000
Sunday, January 1, 2023220104000268323000
Monday, January 1, 2024304979000
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Igniting the spark of knowledge

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

In the competitive landscape of the pharmaceutical industry, understanding financial performance is crucial. This analysis delves into the gross profit trends of Pharming Group N.V. and Taro Pharmaceutical Industries Ltd. over the past decade.

Pharming Group N.V.

Pharming Group N.V. has shown a remarkable upward trajectory in gross profit, growing from a modest base in 2014 to a peak in 2023. The company experienced a significant surge in 2017, with profits increasing by over 700% compared to 2014. This growth reflects strategic advancements and successful product launches.

Taro Pharmaceutical Industries Ltd.

Conversely, Taro Pharmaceutical Industries Ltd. started with a robust gross profit in 2014, but faced a gradual decline, dropping by approximately 54% by 2023. Despite this, Taro remains a formidable player, consistently outperforming Pharming in absolute terms.

This comparative analysis highlights the dynamic nature of the pharmaceutical sector, where strategic decisions and market conditions can significantly impact financial outcomes.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025