Who Generates Higher Gross Profit? Novo Nordisk A/S or Halozyme Therapeutics, Inc.

Novo Nordisk vs. Halozyme: A Decade of Gross Profit Growth

__timestampHalozyme Therapeutics, Inc.Novo Nordisk A/S
Wednesday, January 1, 20145260200074244000000
Thursday, January 1, 201510581200091739000000
Friday, January 1, 201611348500094597000000
Sunday, January 1, 201728546100094064000000
Monday, January 1, 201814172600094214000000
Tuesday, January 1, 2019150446000101933000000
Wednesday, January 1, 2020224227000106014000000
Friday, January 1, 2021361897000117142000000
Saturday, January 1, 2022520812000148506000000
Sunday, January 1, 2023636892000196496000000
Monday, January 1, 2024855907000245881000000
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Cracking the code

A Tale of Two Companies: Gross Profit Showdown

In the competitive world of pharmaceuticals, Novo Nordisk A/S and Halozyme Therapeutics, Inc. have carved out distinct paths. From 2014 to 2023, Novo Nordisk consistently outperformed Halozyme in gross profit, showcasing its dominance in the industry. In 2023, Novo Nordisk's gross profit was approximately 31 times higher than Halozyme's, highlighting its robust market position. Over the decade, Novo Nordisk's gross profit grew by 165%, while Halozyme saw a remarkable increase of over 1,100%, albeit from a much smaller base. This growth trajectory underscores Halozyme's potential in the market. As the pharmaceutical landscape evolves, these figures provide a snapshot of the strategic maneuvers and market dynamics at play. Investors and industry watchers should keep a keen eye on these trends as they reflect broader shifts in the sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025