| __timestamp | Amphastar Pharmaceuticals, Inc. | Vertex Pharmaceuticals Incorporated |
|---|---|---|
| Wednesday, January 1, 2014 | 51256000 | 519428000 |
| Thursday, January 1, 2015 | 77347000 | 906794000 |
| Friday, January 1, 2016 | 104189000 | 1491717000 |
| Sunday, January 1, 2017 | 90795000 | 2213533000 |
| Monday, January 1, 2018 | 106985000 | 2638058000 |
| Tuesday, January 1, 2019 | 131923000 | 3615063000 |
| Wednesday, January 1, 2020 | 143340000 | 5469383000 |
| Friday, January 1, 2021 | 199739000 | 6670200000 |
| Saturday, January 1, 2022 | 248860000 | 7850400000 |
| Sunday, January 1, 2023 | 351121000 | 8607000000 |
| Monday, January 1, 2024 | 9489600000 |
In pursuit of knowledge
In the competitive landscape of pharmaceuticals, Vertex Pharmaceuticals Incorporated and Amphastar Pharmaceuticals, Inc. have showcased contrasting trajectories in gross profit over the past decade. From 2014 to 2023, Vertex's gross profit surged by an impressive 1,557%, reaching approximately $8.6 billion. This growth underscores Vertex's strategic prowess in the biotech sector, particularly in the development of innovative therapies.
Conversely, Amphastar's journey, while more modest, reflects steady progress. Their gross profit increased by 585% over the same period, peaking at around $351 million in 2023. This growth highlights Amphastar's resilience and adaptability in a highly competitive market.
The data reveals a compelling narrative of growth and innovation, with Vertex leading the charge in biotech advancements, while Amphastar steadily carves its niche. As these companies continue to evolve, their financial trajectories offer valuable insights into the dynamic world of pharmaceuticals.
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