Who Generates Higher Gross Profit? Alnylam Pharmaceuticals, Inc. or Ligand Pharmaceuticals Incorporated

Alnylam's Gross Profit Soars, Outpacing Ligand

__timestampAlnylam Pharmaceuticals, Inc.Ligand Pharmaceuticals Incorporated
Wednesday, January 1, 20145056100055402000
Thursday, January 1, 20154109700066107000
Friday, January 1, 201647159000103402000
Sunday, January 1, 201776545000135736000
Monday, January 1, 201873106000245116000
Tuesday, January 1, 2019194688000108935000
Wednesday, January 1, 2020414801000156000000
Friday, January 1, 2021704143000214957000
Saturday, January 1, 2022868601000143418000
Sunday, January 1, 2023151788600096265000
Monday, January 1, 20241924873000
Loading chart...

Unleashing insights

A Tale of Two Biotechs: Alnylam vs. Ligand

In the competitive world of biotechnology, financial performance is a key indicator of a company's success. Over the past decade, Alnylam Pharmaceuticals, Inc. and Ligand Pharmaceuticals Incorporated have been vying for dominance in gross profit generation. From 2014 to 2023, Alnylam has shown a remarkable growth trajectory, with its gross profit surging by over 2,900%, reaching a peak in 2023. In contrast, Ligand's growth has been more modest, with a peak in 2018 and a subsequent decline, ending 2023 with a gross profit of just 39% of its 2018 high. This stark contrast highlights Alnylam's strategic advancements and market positioning, making it a formidable player in the biotech industry. As investors and industry watchers look to the future, Alnylam's upward trend suggests a promising path ahead, while Ligand may need to reassess its strategies to regain momentum.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025