__timestamp | Travere Therapeutics, Inc. | Vertex Pharmaceuticals Incorporated |
---|---|---|
Wednesday, January 1, 2014 | 27632226 | 519428000 |
Thursday, January 1, 2015 | 97707000 | 906794000 |
Friday, January 1, 2016 | 129037000 | 1491717000 |
Sunday, January 1, 2017 | 151332000 | 2213533000 |
Monday, January 1, 2018 | 158719000 | 2638058000 |
Tuesday, January 1, 2019 | 170104000 | 3615063000 |
Wednesday, January 1, 2020 | 192195000 | 5469383000 |
Friday, January 1, 2021 | 220706000 | 6670200000 |
Saturday, January 1, 2022 | 204426000 | 7850400000 |
Sunday, January 1, 2023 | 133788000 | 8607000000 |
Monday, January 1, 2024 | 9489600000 |
Unlocking the unknown
In the competitive world of biotechnology, Vertex Pharmaceuticals Incorporated and Travere Therapeutics, Inc. have charted distinct paths over the past decade. From 2014 to 2023, Vertex's gross profit surged by an impressive 1,557%, reflecting its robust pipeline and strategic market positioning. In contrast, Travere Therapeutics experienced a more modest growth of 384%, highlighting its steady yet slower expansion.
By 2023, Vertex's gross profit reached a staggering 8.6 billion, dwarfing Travere's 134 million. This disparity underscores Vertex's dominance in the biotech sector, driven by its innovative treatments and strong market presence.
Despite its smaller scale, Travere's consistent growth trajectory showcases its resilience and potential for future breakthroughs. As both companies continue to innovate, the biotech landscape remains dynamic and full of promise.
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