| __timestamp | BioMarin Pharmaceutical Inc. | Jazz Pharmaceuticals plc |
|---|---|---|
| Wednesday, January 1, 2014 | 621276000 | 1055457000 |
| Thursday, January 1, 2015 | 737887000 | 1222277000 |
| Friday, January 1, 2016 | 907234000 | 1382587000 |
| Sunday, January 1, 2017 | 1071860000 | 1508505000 |
| Monday, January 1, 2018 | 1175948000 | 1769378000 |
| Tuesday, January 1, 2019 | 1344582000 | 2033831000 |
| Wednesday, January 1, 2020 | 1336183000 | 2214650000 |
| Friday, January 1, 2021 | 1375760000 | 2653478000 |
| Saturday, January 1, 2022 | 1612370000 | 3118857000 |
| Sunday, January 1, 2023 | 1842161000 | 3398627000 |
| Monday, January 1, 2024 | 2273680000 |
Unlocking the unknown
In the competitive landscape of pharmaceuticals, BioMarin Pharmaceutical Inc. and Jazz Pharmaceuticals plc have been vying for dominance in gross profit generation over the past decade. From 2014 to 2023, Jazz Pharmaceuticals has consistently outperformed BioMarin, with a staggering 222% increase in gross profit, peaking at approximately $3.4 billion in 2023. In contrast, BioMarin's gross profit grew by 196%, reaching around $1.8 billion in the same year.
Jazz Pharmaceuticals' strategic expansions and product innovations have propelled its gross profit to new heights, particularly noticeable from 2018 onwards, where it saw a 92% increase over five years. Meanwhile, BioMarin has shown steady growth, with a notable 51% rise from 2018 to 2023. This data highlights the dynamic nature of the pharmaceutical industry and the importance of strategic planning in achieving financial success.
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