Comparing Revenue Performance: AbbVie Inc. or BeiGene, Ltd.?

AbbVie vs. BeiGene: A Decade of Revenue Growth

__timestampAbbVie Inc.BeiGene, Ltd.
Wednesday, January 1, 20141996000000013035000
Thursday, January 1, 2015228590000008816000
Friday, January 1, 2016256380000001070000
Sunday, January 1, 201728216000000238387000
Monday, January 1, 201832753000000198220000
Tuesday, January 1, 201933266000000428212000
Wednesday, January 1, 202045804000000308874000
Friday, January 1, 2021561970000001176283000
Saturday, January 1, 2022580540000001415921000
Sunday, January 1, 2023543180000002458779000
Monday, January 1, 202456334000000
Loading chart...

Data in motion

Revenue Showdown: AbbVie Inc. vs. BeiGene, Ltd.

In the ever-evolving pharmaceutical industry, revenue growth is a key indicator of a company's market position and potential. Over the past decade, AbbVie Inc. has consistently outperformed BeiGene, Ltd. in terms of revenue. Starting in 2014, AbbVie's revenue was approximately 1,530 times that of BeiGene's. Fast forward to 2023, and AbbVie's revenue remains dominant, being over 22 times higher than BeiGene's.

A Decade of Growth

AbbVie has shown a robust upward trend, with its revenue increasing by nearly 172% from 2014 to 2023. In contrast, BeiGene, while starting from a much smaller base, has experienced a staggering growth rate of over 18,800% during the same period. This highlights BeiGene's rapid expansion in the pharmaceutical landscape, albeit from a smaller scale.

The Future Outlook

As both companies continue to innovate and expand, investors and industry watchers will be keenly observing how these revenue trends evolve in the coming years.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025