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

Biotech Giants' Gross Profit Battle: Ligand vs. BioCryst

__timestampBioCryst Pharmaceuticals, Inc.Ligand Pharmaceuticals Incorporated
Wednesday, January 1, 20141348600055402000
Thursday, January 1, 20154636100066107000
Friday, January 1, 201623654000103402000
Sunday, January 1, 201723484000135736000
Monday, January 1, 201820182000245116000
Tuesday, January 1, 201944734000108935000
Wednesday, January 1, 202016136000156000000
Friday, January 1, 2021149906000214957000
Saturday, January 1, 2022264233000143418000
Sunday, January 1, 202332675100096265000
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A Tale of Two Biotechs: Gross Profit Showdown

In the competitive world of biotechnology, financial performance is a key indicator of a company's success. Over the past decade, Ligand Pharmaceuticals Incorporated and BioCryst Pharmaceuticals, Inc. have been vying for dominance in gross profit generation. From 2014 to 2023, Ligand Pharmaceuticals consistently outperformed BioCryst, with a peak gross profit in 2018 that was nearly 12 times higher than BioCryst's lowest point in 2014. However, the tide began to turn in 2021, as BioCryst's gross profit surged by over 100% in just two years, surpassing Ligand by 2023. This remarkable growth highlights BioCryst's strategic advancements and market adaptability. As the biotech landscape evolves, these companies exemplify the dynamic nature of financial success in the industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025