Sanofi vs Vertex Pharmaceuticals Incorporated: A Gross Profit Performance Breakdown

Sanofi vs. Vertex: A Decade of Financial Growth

__timestampSanofiVertex Pharmaceuticals Incorporated
Wednesday, January 1, 201421769000000519428000
Thursday, January 1, 201523942000000906794000
Friday, January 1, 2016239950000001491717000
Sunday, January 1, 2017247740000002213533000
Monday, January 1, 2018243560000002638058000
Tuesday, January 1, 2019256550000003615063000
Wednesday, January 1, 2020252120000005469383000
Friday, January 1, 2021269200000006670200000
Saturday, January 1, 2022316970000007850400000
Sunday, January 1, 2023317970000008607000000
Monday, January 1, 20249489600000
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In pursuit of knowledge

A Decade of Gross Profit: Sanofi vs. Vertex Pharmaceuticals

In the ever-evolving pharmaceutical industry, the financial performance of companies like Sanofi and Vertex Pharmaceuticals Incorporated offers a fascinating glimpse into their strategic prowess. Over the past decade, Sanofi has consistently outperformed Vertex in terms of gross profit, with an average of approximately $26 billion annually. In contrast, Vertex has shown remarkable growth, increasing its gross profit by over 1,500% from 2014 to 2023, reaching nearly $8.6 billion.

Sanofi's steady growth, peaking at $31.8 billion in 2023, underscores its established market presence. Meanwhile, Vertex's rapid ascent highlights its innovative breakthroughs, particularly in niche markets. This financial narrative not only reflects the companies' operational strategies but also the broader trends in the pharmaceutical sector, where innovation and market expansion are key drivers of success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025