Comparing Revenue Performance: Vertex Pharmaceuticals Incorporated or ADMA Biologics, Inc.?

Vertex vs. ADMA: A Decade of Revenue Growth in Biotech

__timestampADMA Biologics, Inc.Vertex Pharmaceuticals Incorporated
Wednesday, January 1, 20145915545580415000
Thursday, January 1, 201571776331032336000
Friday, January 1, 2016106610371702177000
Sunday, January 1, 2017227605602488652000
Monday, January 1, 2018169852903047597000
Tuesday, January 1, 2019293490834162821000
Wednesday, January 1, 2020422197836205683000
Friday, January 1, 2021809426257574400000
Saturday, January 1, 20221540796928930700000
Sunday, January 1, 20232582149999869200000
Monday, January 1, 202411020100000
Loading chart...

Infusing magic into the data realm

A Decade of Revenue Growth: Vertex Pharmaceuticals vs. ADMA Biologics

In the competitive landscape of biotechnology, revenue growth is a key indicator of success. Over the past decade, Vertex Pharmaceuticals Incorporated has demonstrated a remarkable trajectory, with its revenue surging from approximately $580 million in 2014 to nearly $9.9 billion in 2023. This represents an impressive growth rate of over 1,600%, underscoring Vertex's dominance in the biotech sector.

Conversely, ADMA Biologics, Inc. has shown steady progress, albeit on a smaller scale. Starting with a modest revenue of around $5.9 million in 2014, ADMA's revenue has grown to approximately $258 million by 2023, marking a significant increase of over 4,200%. This growth reflects ADMA's expanding footprint in the niche market of immunoglobulin therapies.

The data highlights the contrasting scales and growth strategies of these two companies, offering valuable insights for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025