Legend Biotech Corp
NASDAQ:LEGN
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Legend Biotech Corp
Gross Margin
Legend Biotech Corp
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Gross Margin Across Competitors
| Country | US |
| Market Cap | 7.8B USD |
| Gross Margin |
63%
|
| Country | FR |
| Market Cap | 6T USD |
| Gross Margin |
0%
|
| Country | US |
| Market Cap | 320.1B USD |
| Gross Margin |
67%
|
| Country | US |
| Market Cap | 147.4B USD |
| Gross Margin |
60%
|
| Country | US |
| Market Cap | 119.4B USD |
| Gross Margin |
86%
|
| Country | US |
| Market Cap | 113.8B USD |
| Gross Margin |
78%
|
| Country | US |
| Market Cap | 94.1B EUR |
| Gross Margin |
76%
|
| Country | AU |
| Market Cap | 135.4B AUD |
| Gross Margin |
52%
|
| Country | US |
| Market Cap | 82.6B USD |
| Gross Margin |
87%
|
| Country | US |
| Market Cap | 39.3B EUR |
| Gross Margin |
75%
|
| Country | NL |
| Market Cap | 34.3B EUR |
| Gross Margin |
89%
|
Legend Biotech Corp
Glance View
Legend Biotech Corp. is a pioneering biotechnology company that has made significant strides in the field of cell therapy, particularly with its innovative approaches to treating cancer. Founded in 2014 and based in Somerset, New Jersey, Legend is at the forefront of developing advanced therapies that harness the power of the immune system. At the heart of its mission is its flagship product, a revolutionary chimeric antigen receptor T-cell (CAR-T) therapy aimed at targeting and eliminating cancer cells. Following promising clinical results, the company has attracted attention from investors looking for high-growth opportunities in the ever-evolving biotech landscape. With strategic partnerships, including a noteworthy collaboration with Johnson & Johnson's Janssen division, Legend is set to leverage substantial resources towards the commercialization of its therapies. For potential investors, Legend Biotech represents both opportunity and risk, typical of the biotechnology sector. The company operates in a competitive market but has positioned itself with a promising pipeline and a robust intellectual property portfolio that supports its growth initiatives. Its focus on personalized medicine not only aligns with current healthcare trends but also offers the potential for high returns, especially as the demand for effective cancer treatments continues to rise. As Legend progresses through clinical trials and moves towards regulatory approvals, investors will be keenly watching its developments, as successful outcomes could significantly enhance its market position and drive its stock value upward.
See Also
Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.
Based on Legend Biotech Corp's most recent financial statements, the company has Gross Margin of 62.9%.
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