Annual Revenue Comparison: Vertex Pharmaceuticals Incorporated vs Dynavax Technologies Corporation

Vertex vs. Dynavax: A Decade of Revenue Growth

__timestampDynavax Technologies CorporationVertex Pharmaceuticals Incorporated
Wednesday, January 1, 201411032000580415000
Thursday, January 1, 201540500001032336000
Friday, January 1, 2016110430001702177000
Sunday, January 1, 20173270002488652000
Monday, January 1, 201881980003047597000
Tuesday, January 1, 2019352190004162821000
Wednesday, January 1, 2020465510006205683000
Friday, January 1, 20214394420007574400000
Saturday, January 1, 20227226830008930700000
Sunday, January 1, 20232322840009869200000
Monday, January 1, 202411020100000
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Unlocking the unknown

A Tale of Two Biotechs: Vertex vs. Dynavax

In the competitive world of biotechnology, revenue growth is a key indicator of success. Over the past decade, Vertex Pharmaceuticals Incorporated has consistently outperformed Dynavax Technologies Corporation in annual revenue. Starting in 2014, Vertex's revenue was already 52 times greater than Dynavax's. By 2023, Vertex's revenue surged to nearly 10 billion, marking a 70% increase from 2014, while Dynavax saw a more modest growth, peaking at 723 million in 2022 before dropping to 232 million in 2023.

Revenue Trends and Insights

Vertex's robust growth can be attributed to its strong pipeline and successful commercialization of therapies, particularly in cystic fibrosis. In contrast, Dynavax's revenue trajectory reflects its strategic shifts and market challenges. The data highlights the importance of innovation and market adaptation in the biotech sector, where Vertex's strategic focus has clearly paid off.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025