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

Pharmaceutical Giants' Gross Profit Battle: Amphastar vs. Ligand

__timestampAmphastar Pharmaceuticals, Inc.Ligand Pharmaceuticals Incorporated
Wednesday, January 1, 20145125600055402000
Thursday, January 1, 20157734700066107000
Friday, January 1, 2016104189000103402000
Sunday, January 1, 201790795000135736000
Monday, January 1, 2018106985000245116000
Tuesday, January 1, 2019131923000108935000
Wednesday, January 1, 2020143340000156000000
Friday, January 1, 2021199739000214957000
Saturday, January 1, 2022248860000143418000
Sunday, January 1, 202335112100096265000
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A Tale of Two Pharmaceuticals: Gross Profit Showdown

In the competitive world of pharmaceuticals, financial performance is a key indicator of success. Over the past decade, Ligand Pharmaceuticals Incorporated and Amphastar Pharmaceuticals, Inc. have been vying for dominance in gross profit generation. From 2014 to 2023, Amphastar has shown a remarkable upward trend, culminating in a 2023 gross profit that is approximately 3.5 times higher than its 2014 figure. Ligand, on the other hand, experienced a peak in 2018, with a gross profit nearly 2.5 times its 2014 value, before seeing a decline in subsequent years.

This financial narrative highlights the dynamic nature of the pharmaceutical industry, where strategic decisions and market conditions can significantly impact a company's financial trajectory. As investors and industry watchers look to the future, the question remains: will Amphastar maintain its momentum, or will Ligand stage a comeback?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025