Who Generates Higher Gross Profit? Alkermes plc or BioCryst Pharmaceuticals, Inc.

Alkermes outshines BioCryst in gross profit growth over a decade.

__timestampAlkermes plcBioCryst Pharmaceuticals, Inc.
Wednesday, January 1, 201417091400013486000
Thursday, January 1, 201514494200046361000
Friday, January 1, 201622642400023654000
Sunday, January 1, 201733573700023484000
Monday, January 1, 201849244800020182000
Tuesday, January 1, 201947772900044734000
Wednesday, January 1, 202046585200016136000
Friday, January 1, 2021569838000149906000
Saturday, January 1, 2022893687000264233000
Sunday, January 1, 20231410368000326751000
Monday, January 1, 20241312301000
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Unlocking the unknown

A Tale of Two Biotechs: Alkermes vs. BioCryst

In the competitive world of biotechnology, financial performance is a key indicator of a company's success. Over the past decade, Alkermes plc has consistently outperformed BioCryst Pharmaceuticals, Inc. in terms of gross profit. From 2014 to 2023, Alkermes saw a remarkable growth, with its gross profit increasing by over 700%, peaking at approximately $1.41 billion in 2023. In contrast, BioCryst's gross profit, while also growing, reached a more modest $327 million in the same year.

This stark difference highlights Alkermes' strategic advantage and market positioning. The data suggests that Alkermes has been more successful in scaling its operations and capturing market share. As the biotech industry continues to evolve, these financial insights provide a glimpse into the dynamics shaping the future of these two companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025