BioMarin Pharmaceutical Inc. vs BioCryst Pharmaceuticals, Inc.: Examining Key Revenue Metrics

Biotech Revenue Battle: BioMarin vs. BioCryst

__timestampBioCryst Pharmaceuticals, Inc.BioMarin Pharmaceutical Inc.
Wednesday, January 1, 201413608000751040000
Thursday, January 1, 201548257000889895000
Friday, January 1, 2016263530001116854000
Sunday, January 1, 2017251860001313646000
Monday, January 1, 2018206530001491212000
Tuesday, January 1, 2019488350001704048000
Wednesday, January 1, 2020178120001860455000
Friday, January 1, 20211571700001846275000
Saturday, January 1, 20222708270002096039000
Sunday, January 1, 20233314120002419226000
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In pursuit of knowledge

A Tale of Two Biotechs: BioMarin vs. BioCryst

In the competitive world of biotechnology, revenue growth is a key indicator of success. Over the past decade, BioMarin Pharmaceutical Inc. and BioCryst Pharmaceuticals, Inc. have shown contrasting trajectories. BioMarin, with its robust pipeline, has seen its revenue soar by over 220% from 2014 to 2023, reaching a peak of approximately $2.42 billion in 2023. This growth underscores BioMarin's strategic focus on rare genetic diseases, which has paid off handsomely.

Conversely, BioCryst has experienced a more modest revenue increase, growing by nearly 2,300% over the same period, albeit from a much smaller base. By 2023, BioCryst's revenue reached around $331 million, reflecting its efforts to expand its portfolio in the antiviral and rare disease markets. This comparison highlights the diverse strategies and market positions of these two biotech firms, offering valuable insights into their future potential.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025