Who Generates Higher Gross Profit? Sanofi or Ascendis Pharma A/S

Sanofi vs. Ascendis: A Decade of Profit Growth

__timestampAscendis Pharma A/SSanofi
Wednesday, January 1, 20141398300021769000000
Thursday, January 1, 2015811800023942000000
Friday, January 1, 2016460600023995000000
Sunday, January 1, 2017153000024774000000
Monday, January 1, 20181058100024356000000
Tuesday, January 1, 20191337500025655000000
Wednesday, January 1, 2020695300025212000000
Friday, January 1, 2021425500026920000000
Saturday, January 1, 20223903700031697000000
Sunday, January 1, 202322232300031797000000
Monday, January 1, 202431938300031081000000
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A Tale of Two Giants: Sanofi vs. Ascendis Pharma A/S

In the ever-evolving pharmaceutical industry, the battle for market dominance is fierce. Over the past decade, Sanofi, a global healthcare leader, has consistently outperformed Ascendis Pharma A/S in terms of gross profit. From 2014 to 2023, Sanofi's gross profit has soared, peaking at approximately €31.8 billion in 2023, showcasing a robust growth trajectory. In contrast, Ascendis Pharma A/S, a rising star in the biotech sector, has seen its gross profit grow significantly, reaching around €222 million in 2023, a remarkable increase from its 2014 figures. While Sanofi's profits are nearly 100 times greater, Ascendis Pharma's growth rate is noteworthy, reflecting its potential to disrupt the market. This comparison highlights the dynamic nature of the pharmaceutical industry, where established giants and innovative newcomers coexist, each contributing uniquely to healthcare advancements.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025