Bristol-Myers Squibb Company vs Ionis Pharmaceuticals, Inc.: Annual Revenue Growth Compared

Biopharma Revenue Growth: Bristol-Myers vs. Ionis, 2014-2023

__timestampBristol-Myers Squibb CompanyIonis Pharmaceuticals, Inc.
Wednesday, January 1, 201415879000000214161000
Thursday, January 1, 201516560000000283703000
Friday, January 1, 201619427000000346620000
Sunday, January 1, 201720776000000507666000
Monday, January 1, 201822561000000599674000
Tuesday, January 1, 2019261450000001123000000
Wednesday, January 1, 202042518000000729000000
Friday, January 1, 202146385000000810000000
Saturday, January 1, 202246159000000587000000
Sunday, January 1, 202345006000000787647000
Monday, January 1, 202448300000000
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Unleashing insights

A Tale of Two Biopharma Giants: Revenue Growth from 2014 to 2023

In the competitive world of biopharmaceuticals, Bristol-Myers Squibb Company and Ionis Pharmaceuticals, Inc. have charted distinct paths over the past decade. From 2014 to 2023, Bristol-Myers Squibb's revenue surged by approximately 183%, peaking in 2021 with a remarkable $46 billion. This growth reflects their strategic acquisitions and successful drug launches. In contrast, Ionis Pharmaceuticals, a leader in RNA-targeted therapeutics, experienced a more modest revenue increase of around 268%, reaching its highest in 2019. Despite the smaller scale, Ionis's innovative approach has positioned it as a key player in the niche market of genetic medicine. This comparison highlights the diverse strategies and market dynamics within the pharmaceutical industry, offering insights into how different business models can lead to success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025