| __timestamp | Evotec SE | MiMedx Group, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 29378000 | 105558000 |
| Thursday, January 1, 2015 | 37987000 | 167094000 |
| Friday, January 1, 2016 | 58554000 | 212608000 |
| Sunday, January 1, 2017 | 82568000 | 285920000 |
| Monday, January 1, 2018 | 112016000 | 322725000 |
| Tuesday, January 1, 2019 | 132891000 | 256174000 |
| Wednesday, January 1, 2020 | 125743000 | 208904000 |
| Friday, January 1, 2021 | 151543000 | 215332000 |
| Saturday, January 1, 2022 | 174065000 | 219525000 |
| Sunday, January 1, 2023 | 175051000 | 266843000 |
Cracking the code
In the competitive landscape of the biotechnology sector, Evotec SE and MiMedx Group, Inc. have been vying for dominance in gross profit generation over the past decade. From 2014 to 2023, MiMedx Group, Inc. consistently outperformed Evotec SE, boasting a gross profit that was, on average, more than double that of its competitor. Notably, in 2018, MiMedx reached a peak, generating approximately 3.2 times the gross profit of Evotec. However, Evotec has shown remarkable growth, with its gross profit increasing by nearly 500% from 2014 to 2023. This upward trend suggests a promising trajectory for Evotec, potentially narrowing the gap in the coming years. As the biotech industry continues to evolve, these two companies exemplify the dynamic shifts and competitive spirit that drive innovation and growth.
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