| __timestamp | Taro Pharmaceutical Industries Ltd. | Travere Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 580006000 | 27632226 |
| Thursday, January 1, 2015 | 676585000 | 97707000 |
| Friday, January 1, 2016 | 778966000 | 129037000 |
| Sunday, January 1, 2017 | 671251000 | 151332000 |
| Monday, January 1, 2018 | 463508000 | 158719000 |
| Tuesday, January 1, 2019 | 445724000 | 170104000 |
| Wednesday, January 1, 2020 | 399725000 | 192195000 |
| Friday, January 1, 2021 | 296656000 | 220706000 |
| Saturday, January 1, 2022 | 293122000 | 204426000 |
| Sunday, January 1, 2023 | 268323000 | 133788000 |
| Monday, January 1, 2024 | 304979000 |
Cracking the code
In the ever-evolving pharmaceutical landscape, Taro Pharmaceutical Industries Ltd. and Travere Therapeutics, Inc. have showcased contrasting trajectories in gross profit over the past decade. From 2014 to 2023, Taro's gross profit peaked in 2016, reaching nearly 780 million, before experiencing a steady decline, dropping by approximately 66% by 2023. In contrast, Travere's journey has been one of growth, with gross profit increasing by over 380% from 2014 to 2022, despite a slight dip in 2023.
As we look to 2024, the absence of data for Travere suggests a potential shift or strategic pivot, leaving industry watchers eager for updates.
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