Breaking Down Revenue Trends: Alnylam Pharmaceuticals, Inc. vs Biogen Inc.

Biotech Revenue Battle: Alnylam's Surge vs. Biogen's Stability

__timestampAlnylam Pharmaceuticals, Inc.Biogen Inc.
Wednesday, January 1, 2014505610009703324000
Thursday, January 1, 20154109700010763800000
Friday, January 1, 20164715900011448800000
Sunday, January 1, 20178991200012273900000
Monday, January 1, 20187490800013452900000
Tuesday, January 1, 201921975000014377900000
Wednesday, January 1, 202049285300013444600000
Friday, January 1, 202184428700010981700000
Saturday, January 1, 2022103741800010173400000
Sunday, January 1, 202318282920009835600000
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Unlocking the unknown

Revenue Trends in Biotech: Alnylam Pharmaceuticals vs. Biogen

In the dynamic world of biotechnology, revenue growth is a key indicator of a company's success and innovation. Alnylam Pharmaceuticals, Inc. and Biogen Inc. have been at the forefront of this industry, each showcasing unique revenue trajectories over the past decade.

From 2014 to 2023, Alnylam Pharmaceuticals experienced a staggering growth in revenue, increasing by over 3,500%, from approximately $50 million to nearly $1.83 billion. This remarkable rise underscores Alnylam's expanding influence and successful product pipeline. In contrast, Biogen Inc., a more established player, maintained a steady revenue stream, peaking at around $14.38 billion in 2019 before experiencing a slight decline to $9.84 billion in 2023.

These trends highlight the contrasting growth strategies of emerging and established biotech firms, offering valuable insights into the industry's evolving landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025