Amgen Inc. vs Alnylam Pharmaceuticals, Inc.: Annual Revenue Growth Compared

Biotech Revenue Growth: Amgen's Stability vs Alnylam's Surge

__timestampAlnylam Pharmaceuticals, Inc.Amgen Inc.
Wednesday, January 1, 20145056100020063000000
Thursday, January 1, 20154109700021662000000
Friday, January 1, 20164715900022991000000
Sunday, January 1, 20178991200022849000000
Monday, January 1, 20187490800023747000000
Tuesday, January 1, 201921975000023362000000
Wednesday, January 1, 202049285300025424000000
Friday, January 1, 202184428700025979000000
Saturday, January 1, 2022103741800026323000000
Sunday, January 1, 2023182829200028190000000
Monday, January 1, 2024224824300033424000000
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Igniting the spark of knowledge

A Tale of Two Biotechs: Amgen Inc. vs Alnylam Pharmaceuticals, Inc.

In the dynamic world of biotechnology, revenue growth is a key indicator of a company's success and innovation. Over the past decade, Amgen Inc. and Alnylam Pharmaceuticals, Inc. have showcased contrasting trajectories in their annual revenue growth.

Amgen Inc.: A Steady Giant

Amgen, a stalwart in the biotech industry, has consistently maintained its revenue, with a growth of approximately 40% from 2014 to 2023. This steady increase underscores Amgen's robust product pipeline and strategic market positioning.

Alnylam Pharmaceuticals, Inc.: A Rising Star

In contrast, Alnylam has experienced a meteoric rise, with its revenue surging by over 3,500% during the same period. This remarkable growth reflects Alnylam's successful commercialization of RNA interference therapeutics, a groundbreaking approach in treating genetic disorders.

As these two companies continue to innovate, their revenue trends offer a fascinating glimpse into the evolving landscape of biotechnology.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025