AbbVie Inc. and Viridian Therapeutics, Inc.: A Comprehensive Revenue Analysis

AbbVie vs. Viridian: A Decade of Revenue Divergence

__timestampAbbVie Inc.Viridian Therapeutics, Inc.
Wednesday, January 1, 2014199600000004320000
Thursday, January 1, 2015228590000002538000
Friday, January 1, 2016256380000003337000
Sunday, January 1, 2017282160000004003000
Monday, January 1, 2018327530000008386000
Tuesday, January 1, 2019332660000004461000
Wednesday, January 1, 2020458040000001050000
Friday, January 1, 2021561970000002963000
Saturday, January 1, 2022580540000001772000
Sunday, January 1, 202354318000000314000
Monday, January 1, 202456334000000
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In pursuit of knowledge

A Tale of Two Companies: AbbVie Inc. vs. Viridian Therapeutics, Inc.

In the ever-evolving landscape of the pharmaceutical industry, revenue growth is a key indicator of success. Over the past decade, AbbVie Inc. has demonstrated a remarkable trajectory, with its revenue surging by approximately 172% from 2014 to 2023. This growth underscores AbbVie's strategic prowess in expanding its market share and product portfolio. In stark contrast, Viridian Therapeutics, Inc. has faced a more challenging path, with its revenue peaking in 2018 and subsequently declining by nearly 96% by 2023. This divergence highlights the competitive pressures and market dynamics that smaller biotech firms often encounter. As we delve into these financial narratives, it becomes evident that while AbbVie continues to solidify its position as a pharmaceutical giant, Viridian's journey reflects the volatility and unpredictability inherent in the biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025