__timestamp | BioCryst Pharmaceuticals, Inc. | Novavax, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 13608000 | 30659000 |
Thursday, January 1, 2015 | 48257000 | 36250000 |
Friday, January 1, 2016 | 26353000 | 15353000 |
Sunday, January 1, 2017 | 25186000 | 31176000 |
Monday, January 1, 2018 | 20653000 | 34288000 |
Tuesday, January 1, 2019 | 48835000 | 18662000 |
Wednesday, January 1, 2020 | 17812000 | 475598000 |
Friday, January 1, 2021 | 157170000 | 1146290000 |
Saturday, January 1, 2022 | 270827000 | 1598951000 |
Sunday, January 1, 2023 | 331412000 | 556382000 |
Unleashing insights
In the dynamic world of biotechnology, revenue growth is a key indicator of a company's success. BioCryst Pharmaceuticals, Inc. and Novavax, Inc. have been at the forefront of this race since 2014. While BioCryst started with a modest revenue of approximately $13.6 million, Novavax was slightly ahead with $30.7 million. However, the real game-changer came in 2020 when Novavax's revenue skyrocketed by over 2,900%, reaching nearly $476 million, thanks to its pivotal role in COVID-19 vaccine development.
BioCryst, on the other hand, saw a steady increase, peaking in 2023 with a revenue of $331 million, marking a 2,300% growth since 2014. Despite BioCryst's impressive growth, Novavax maintained its lead, especially in 2022, with a staggering $1.6 billion in revenue. This ongoing competition highlights the volatile yet rewarding nature of the biotech industry.
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