Biogen Inc. and Arrowhead Pharmaceuticals, Inc.: A Comprehensive Revenue Analysis

Biogen vs. Arrowhead: A Decade of Revenue Dynamics

__timestampArrowhead Pharmaceuticals, Inc.Biogen Inc.
Wednesday, January 1, 20141750009703324000
Thursday, January 1, 201538200010763800000
Friday, January 1, 201615833311448800000
Sunday, January 1, 20173140770912273900000
Monday, January 1, 20181614232113452900000
Tuesday, January 1, 201916879557714377900000
Wednesday, January 1, 20208799206613444600000
Friday, January 1, 202113828700010981700000
Saturday, January 1, 202224323100010173400000
Sunday, January 1, 20232407350009835600000
Monday, January 1, 202435510009675900000
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Igniting the spark of knowledge

A Tale of Two Biotech Giants: Biogen Inc. vs. Arrowhead Pharmaceuticals, Inc.

In the dynamic world of biotechnology, revenue growth is a key indicator of a company's success. Over the past decade, Biogen Inc. and Arrowhead Pharmaceuticals, Inc. have showcased contrasting revenue trajectories. Biogen, a stalwart in the industry, consistently generated substantial revenues, peaking in 2019 with approximately $14.4 billion. However, a slight decline followed, with 2023 revenues around $9.8 billion, reflecting a 32% decrease from its peak.

Conversely, Arrowhead Pharmaceuticals, a rising star, demonstrated impressive growth. From a modest $175,000 in 2014, its revenue surged to over $240 million by 2023, marking an exponential increase of over 137,000%. This growth underscores Arrowhead's expanding influence in the biotech sector. While Biogen's revenue faced fluctuations, Arrowhead's upward trajectory highlights its potential to reshape the industry landscape. Missing data for 2024 suggests ongoing developments worth monitoring.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025