| __timestamp | Travere Therapeutics, Inc. | Vertex Pharmaceuticals Incorporated |
|---|---|---|
| Wednesday, January 1, 2014 | 28203205 | 580415000 |
| Thursday, January 1, 2015 | 99892000 | 1032336000 |
| Friday, January 1, 2016 | 133591000 | 1702177000 |
| Sunday, January 1, 2017 | 154937000 | 2488652000 |
| Monday, January 1, 2018 | 164246000 | 3047597000 |
| Tuesday, January 1, 2019 | 175338000 | 4162821000 |
| Wednesday, January 1, 2020 | 198321000 | 6205683000 |
| Friday, January 1, 2021 | 227490000 | 7574400000 |
| Saturday, January 1, 2022 | 212018000 | 8930700000 |
| Sunday, January 1, 2023 | 145238000 | 9869200000 |
| Monday, January 1, 2024 | 11020100000 |
In pursuit of knowledge
In the competitive landscape of pharmaceuticals, revenue growth is a key indicator of success. Over the past decade, Vertex Pharmaceuticals Incorporated has demonstrated a remarkable upward trajectory in revenue, growing from approximately $580 million in 2014 to nearly $9.9 billion in 2023. This represents an impressive increase of over 1,600%. In contrast, Travere Therapeutics, Inc. has seen a more modest growth, with revenue rising from about $28 million in 2014 to $145 million in 2023, marking a 417% increase.
Vertex's consistent revenue growth highlights its strong market position and successful product pipeline. Meanwhile, Travere's steady increase, though smaller in scale, indicates a growing presence in the industry. This comparison underscores the diverse strategies and market dynamics at play in the pharmaceutical sector, offering valuable insights for investors and industry analysts alike.
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