Annual Revenue Comparison: Ascendis Pharma A/S vs TG Therapeutics, Inc.

Biotech Revenue Race: Ascendis vs. TG Therapeutics

__timestampAscendis Pharma A/STG Therapeutics, Inc.
Wednesday, January 1, 201413983000152381
Thursday, January 1, 20158118000152381
Friday, January 1, 20164606000152381
Sunday, January 1, 20171530000152381
Monday, January 1, 201810581000152000
Tuesday, January 1, 201913375000152000
Wednesday, January 1, 20206953000152000
Friday, January 1, 202177780006689000
Saturday, January 1, 2022511740002785000
Sunday, January 1, 2023266718000233662000
Monday, January 1, 2024363641000
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Cracking the code

A Tale of Two Biotechs: Revenue Growth from 2014 to 2023

In the competitive world of biotechnology, Ascendis Pharma A/S and TG Therapeutics, Inc. have charted distinct paths over the past decade. Ascendis Pharma A/S has demonstrated a remarkable revenue growth trajectory, with a staggering increase of over 1,800% from 2014 to 2023. This Danish company, known for its innovative therapies, saw its revenue peak at approximately $267 million in 2023, a testament to its strategic advancements and market penetration.

Conversely, TG Therapeutics, Inc., a U.S.-based firm, experienced a more modest revenue journey. Despite a significant leap in 2023, reaching around $234 million, its growth was less consistent, reflecting the challenges and volatility inherent in the biotech sector. This comparison underscores the dynamic nature of the industry, where strategic decisions and market conditions can lead to vastly different outcomes.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025