Comparing Revenue Performance: Alnylam Pharmaceuticals, Inc. or PTC Therapeutics, Inc.?

Biotech Giants: Alnylam vs. PTC Revenue Growth

__timestampAlnylam Pharmaceuticals, Inc.PTC Therapeutics, Inc.
Wednesday, January 1, 20145056100022963000
Thursday, January 1, 20154109700036766000
Friday, January 1, 20164715900082705000
Sunday, January 1, 201789912000194392000
Monday, January 1, 201874908000264734000
Tuesday, January 1, 2019219750000306980000
Wednesday, January 1, 2020492853000380766000
Friday, January 1, 2021844287000538593000
Saturday, January 1, 20221037418000698801000
Sunday, January 1, 20231828292000937822000
Monday, January 1, 20242248243000
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Cracking the code

A Decade of Growth: Alnylam Pharmaceuticals vs. PTC Therapeutics

In the competitive landscape of biotechnology, Alnylam Pharmaceuticals and PTC Therapeutics have emerged as key players. Over the past decade, Alnylam has demonstrated a remarkable revenue growth trajectory, increasing its annual revenue by over 3,500% from 2014 to 2023. In contrast, PTC Therapeutics has also shown impressive growth, with its revenue rising by approximately 4,000% during the same period.

Key Insights

  • Alnylam Pharmaceuticals: Starting with a modest revenue in 2014, Alnylam's revenue surged to nearly double that of PTC by 2023, highlighting its strategic advancements in RNA interference therapeutics.
  • PTC Therapeutics: Despite starting with lower revenue, PTC has consistently closed the gap, showcasing its strength in developing treatments for rare genetic disorders.

This comparison underscores the dynamic nature of the biotech industry, where innovation and strategic focus drive substantial financial growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025