Regeneron Pharmaceuticals, Inc. and Biogen Inc.: A Detailed Gross Profit Analysis

Biotech Giants: Regeneron Surges, Biogen Faces Challenges

__timestampBiogen Inc.Regeneron Pharmaceuticals, Inc.
Wednesday, January 1, 201485322880002614539000
Thursday, January 1, 201595234000003711019000
Friday, January 1, 201699701000004560733000
Sunday, January 1, 2017106439000005475166000
Monday, January 1, 2018116366000006276700000
Tuesday, January 1, 2019124225000007081200000
Wednesday, January 1, 2020116394000007377200000
Friday, January 1, 2021887200000013634200000
Saturday, January 1, 2022789510000010612500000
Sunday, January 1, 2023730220000011301400000
Monday, January 1, 2024967590000012231500000
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Data in motion

A Decade of Gross Profit Trends: Regeneron vs. Biogen

In the competitive landscape of biotechnology, Regeneron Pharmaceuticals, Inc. and Biogen Inc. have showcased intriguing financial trajectories over the past decade. From 2014 to 2023, Biogen's gross profit peaked in 2019, reaching approximately 12.4 billion, before experiencing a decline to around 7.3 billion by 2023. This represents a significant drop of nearly 41% over four years. In contrast, Regeneron has demonstrated a robust upward trend, with its gross profit surging from 2.6 billion in 2014 to an impressive 11.3 billion in 2023, marking a remarkable increase of over 330%. This divergence highlights Regeneron's strategic growth and Biogen's recent challenges. As the biotech industry continues to evolve, these financial insights provide a window into the strategic maneuvers and market dynamics shaping these two industry giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025