Bio-Techne Corporation vs PTC Therapeutics, Inc.: Examining Key Revenue Metrics

Biotech Revenue Growth: Bio-Techne vs PTC Therapeutics

__timestampBio-Techne CorporationPTC Therapeutics, Inc.
Wednesday, January 1, 201435776300022963000
Thursday, January 1, 201545224600036766000
Friday, January 1, 201649902300082705000
Sunday, January 1, 2017563003000194392000
Monday, January 1, 2018642993000264734000
Tuesday, January 1, 2019714006000306980000
Wednesday, January 1, 2020738691000380766000
Friday, January 1, 2021931032000538593000
Saturday, January 1, 20221105599000698801000
Sunday, January 1, 20231136702000937822000
Monday, January 1, 20241159060000
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Cracking the code

Bio-Techne Corporation vs PTC Therapeutics, Inc.: A Revenue Journey

In the dynamic world of biotechnology, revenue growth is a key indicator of a company's success and market position. Over the past decade, Bio-Techne Corporation and PTC Therapeutics, Inc. have showcased contrasting revenue trajectories. Bio-Techne has consistently demonstrated robust growth, with its revenue increasing by over 220% from 2014 to 2023. This steady climb reflects its strategic expansions and innovations in the biotech sector.

Conversely, PTC Therapeutics, Inc. has experienced a more volatile revenue path, yet it has shown remarkable progress, especially in recent years. From a modest start in 2014, PTC's revenue surged by approximately 400% by 2023, highlighting its aggressive market strategies and successful product launches.

While Bio-Techne's revenue reached a peak of $1.16 billion in 2024, PTC's data for the same year remains unavailable, leaving room for speculation on its continued growth trajectory. This comparison underscores the diverse strategies and outcomes within the biotech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025