| __timestamp | Vericel Corporation | Vertex Pharmaceuticals Incorporated |
|---|---|---|
| Wednesday, January 1, 2014 | 11503000 | 519428000 |
| Thursday, January 1, 2015 | 24698000 | 906794000 |
| Friday, January 1, 2016 | 26076000 | 1491717000 |
| Sunday, January 1, 2017 | 33570000 | 2213533000 |
| Monday, January 1, 2018 | 58697000 | 2638058000 |
| Tuesday, January 1, 2019 | 80279000 | 3615063000 |
| Wednesday, January 1, 2020 | 84228000 | 5469383000 |
| Friday, January 1, 2021 | 106025000 | 6670200000 |
| Saturday, January 1, 2022 | 109788000 | 7850400000 |
| Sunday, January 1, 2023 | 135576000 | 8607000000 |
| Monday, January 1, 2024 | 9489600000 |
In pursuit of knowledge
In the competitive landscape of biotechnology, Vertex Pharmaceuticals Incorporated and Vericel Corporation have been making significant strides. Over the past decade, Vertex Pharmaceuticals has consistently outperformed Vericel Corporation in terms of gross profit. From 2014 to 2023, Vertex's gross profit surged by an impressive 1,557%, reaching approximately $8.6 billion in 2023. In contrast, Vericel's gross profit grew by 1,079% over the same period, peaking at around $135 million.
This stark difference highlights Vertex's dominant position in the market, driven by its innovative treatments and strategic investments. Meanwhile, Vericel, though smaller in scale, has shown remarkable growth, reflecting its potential in niche markets. As the biotech industry continues to evolve, these companies exemplify the diverse paths to success, with Vertex leading the charge in profitability.
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