Annual Revenue Comparison: Dynavax Technologies Corporation vs Celldex Therapeutics, Inc.

Biotech Revenue Race: Dynavax vs. Celldex (2014-2023)

__timestampCelldex Therapeutics, Inc.Dynavax Technologies Corporation
Wednesday, January 1, 2014358600011032000
Thursday, January 1, 201554800004050000
Friday, January 1, 2016678600011043000
Sunday, January 1, 201712743000327000
Monday, January 1, 201895380008198000
Tuesday, January 1, 2019357300035219000
Wednesday, January 1, 2020741800046551000
Friday, January 1, 20214651000439442000
Saturday, January 1, 20222357000722683000
Sunday, January 1, 20236883000232284000
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Unleashing the power of data

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

In the dynamic world of biotechnology, revenue growth is a key indicator of a company's success and innovation. Over the past decade, Dynavax Technologies Corporation and Celldex Therapeutics, Inc. have showcased contrasting financial trajectories. From 2014 to 2023, Dynavax's revenue surged by an impressive 6,500%, peaking in 2022 with a staggering $723 million. This growth reflects their strategic advancements in vaccine development, particularly during the COVID-19 pandemic.

Conversely, Celldex Therapeutics experienced a more modest revenue increase of approximately 92% over the same period. Their peak revenue in 2017 was $12.7 million, highlighting a steady yet less dramatic growth path. This comparison underscores the varied strategies and market responses within the biotech sector, offering valuable insights into how different companies navigate challenges and opportunities in the ever-evolving healthcare landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025