Annual Revenue Comparison: Dr. Reddy's Laboratories Limited vs Grifols, S.A.

Pharma Giants' Revenue Race: Dr. Reddy's vs. Grifols

__timestampDr. Reddy's Laboratories LimitedGrifols, S.A.
Wednesday, January 1, 20141321700000003355384000
Thursday, January 1, 20151481890000003934563000
Friday, January 1, 20161547080000004049830000
Sunday, January 1, 20171408090000004318073000
Monday, January 1, 20181420280000004486724000
Tuesday, January 1, 20191538510000005098691000
Wednesday, January 1, 20201746000000005340038000
Friday, January 1, 20211897220000004933118000
Saturday, January 1, 20222143910000006063967000
Sunday, January 1, 20232458790000006591977000
Monday, January 1, 2024279164000000
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Igniting the spark of knowledge

A Tale of Two Giants: Dr. Reddy's Laboratories vs. Grifols, S.A.

In the ever-evolving pharmaceutical landscape, Dr. Reddy's Laboratories Limited and Grifols, S.A. stand as titans of industry. Over the past decade, Dr. Reddy's has demonstrated a remarkable growth trajectory, with its revenue surging by over 110% from 2014 to 2023. This Indian multinational has consistently outpaced its Spanish counterpart, Grifols, whose revenue grew by approximately 96% during the same period.

Dr. Reddy's Laboratories, with its robust pipeline and strategic global expansions, has seen its revenue climb from 132 billion to 246 billion, showcasing its dominance in the market. Meanwhile, Grifols, a leader in plasma-derived therapies, has increased its revenue from 3.4 billion to 6.6 billion, reflecting its steady growth.

As we look to the future, the absence of data for 2024 for Grifols leaves room for speculation. Will Grifols close the gap, or will Dr. Reddy's continue its upward trajectory?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025