ADMA Biologics, Inc. vs Ligand Pharmaceuticals Incorporated: Examining Key Revenue Metrics

Biotech Revenue Battle: ADMA vs. Ligand from 2014-2023

__timestampADMA Biologics, Inc.Ligand Pharmaceuticals Incorporated
Wednesday, January 1, 2014591554564538000
Thursday, January 1, 2015717763371914000
Friday, January 1, 201610661037108973000
Sunday, January 1, 201722760560141102000
Monday, January 1, 201816985290251453000
Tuesday, January 1, 201929349083120282000
Wednesday, January 1, 202042219783186419000
Friday, January 1, 202180942625277133000
Saturday, January 1, 2022154079692196245000
Sunday, January 1, 2023258214999131314000
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Cracking the code

A Tale of Two Biotech Companies: Revenue Trends from 2014 to 2023

In the dynamic world of biotechnology, revenue growth is a key indicator of a company's success. Over the past decade, ADMA Biologics, Inc. and Ligand Pharmaceuticals Incorporated have showcased contrasting revenue trajectories. ADMA Biologics has experienced a remarkable surge, with its revenue skyrocketing by over 4,200% from 2014 to 2023. This growth reflects the company's strategic advancements and market expansion.

Conversely, Ligand Pharmaceuticals, while maintaining a strong revenue base, has seen a more modest growth of approximately 100% over the same period. Notably, Ligand's peak revenue in 2021 was nearly double that of ADMA's, highlighting its established market presence. However, by 2023, ADMA's revenue had surpassed Ligand's, marking a significant shift in the competitive landscape. This data underscores the evolving dynamics in the biotech sector, where innovation and adaptability are paramount.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025