United Therapeutics Corporation vs Ligand Pharmaceuticals Incorporated: A Gross Profit Performance Breakdown

Biotech Giants' Gross Profit Trends: 2014-2023

__timestampLigand Pharmaceuticals IncorporatedUnited Therapeutics Corporation
Wednesday, January 1, 2014554020001162636000
Thursday, January 1, 2015661070001396725000
Friday, January 1, 20161034020001526100000
Sunday, January 1, 20171357360001619600000
Monday, January 1, 20182451160001429100000
Tuesday, January 1, 20191089350001331200000
Wednesday, January 1, 20201560000001375200000
Friday, January 1, 20212149570001563000000
Saturday, January 1, 20221434180001789600000
Sunday, January 1, 2023962650002070000000
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Cracking the code

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

In the competitive landscape of biotechnology, United Therapeutics Corporation and Ligand Pharmaceuticals Incorporated have showcased distinct trajectories in their gross profit performance over the past decade. From 2014 to 2023, United Therapeutics consistently outperformed Ligand Pharmaceuticals, with gross profits peaking at approximately $2.07 billion in 2023, marking a substantial growth of nearly 78% from 2014. In contrast, Ligand Pharmaceuticals experienced a more volatile journey, with gross profits reaching their zenith in 2018 at around $245 million, before declining to about $96 million in 2023. This divergence highlights United Therapeutics' robust growth strategy and market positioning, while Ligand Pharmaceuticals navigates a more fluctuating path. As the biotech industry continues to evolve, these companies' financial narratives offer valuable insights into strategic resilience and adaptability.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025