Who Generates Higher Gross Profit? Teva Pharmaceutical Industries Limited or Vericel Corporation

Teva vs. Vericel: A Decade of Gross Profit Trends

__timestampTeva Pharmaceutical Industries LimitedVericel Corporation
Wednesday, January 1, 20141105600000011503000
Thursday, January 1, 20151135600000024698000
Friday, January 1, 20161185900000026076000
Sunday, January 1, 20171082500000033570000
Monday, January 1, 2018829600000058697000
Tuesday, January 1, 2019753600000080279000
Wednesday, January 1, 2020772500000084228000
Friday, January 1, 20217594000000106025000
Saturday, January 1, 20226973000000109788000
Sunday, January 1, 20237646000000135576000
Monday, January 1, 20248064000000
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Unleashing insights

A Tale of Two Companies: Teva vs. Vericel

In the competitive landscape of pharmaceuticals, Teva Pharmaceutical Industries Limited and Vericel Corporation stand as intriguing case studies. Over the past decade, Teva has consistently outperformed Vericel in terms of gross profit, with figures peaking in 2016. However, the trend reveals a decline of approximately 40% from 2016 to 2023, reflecting industry challenges and market dynamics.

Conversely, Vericel, though smaller in scale, has shown remarkable growth. From 2014 to 2023, Vericel's gross profit surged by over 1,000%, indicating a robust expansion strategy and increasing market presence. This growth trajectory highlights Vericel's potential to capture a larger market share in the coming years.

As we delve into these financial narratives, the data underscores the importance of strategic agility and innovation in sustaining profitability in the ever-evolving pharmaceutical sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025