Corcept Therapeutics Incorporated vs Ligand Pharmaceuticals Incorporated: Annual Revenue Growth Compared

Biotech Revenue Growth: Corcept vs. Ligand (2014-2023)

__timestampCorcept Therapeutics IncorporatedLigand Pharmaceuticals Incorporated
Wednesday, January 1, 20142655100064538000
Thursday, January 1, 20155028600071914000
Friday, January 1, 201681321000108973000
Sunday, January 1, 2017159201000141102000
Monday, January 1, 2018251247000251453000
Tuesday, January 1, 2019306486000120282000
Wednesday, January 1, 2020353874000186419000
Friday, January 1, 2021365978000277133000
Saturday, January 1, 2022401858000196245000
Sunday, January 1, 2023482375000131314000
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Cracking the code

A Tale of Two Biotechs: Revenue Growth from 2014 to 2023

In the competitive world of biotechnology, Corcept Therapeutics Incorporated and Ligand Pharmaceuticals Incorporated have shown distinct revenue trajectories over the past decade. From 2014 to 2023, Corcept Therapeutics has experienced a remarkable growth, with its revenue increasing by over 1,700%, from approximately $26.6 million to $482.4 million. This growth highlights Corcept's strategic advancements and successful product offerings.

Conversely, Ligand Pharmaceuticals has seen a more modest revenue journey. Starting at around $64.5 million in 2014, Ligand's revenue peaked in 2018 at $251.5 million, before declining to $131.3 million in 2023. This fluctuation may reflect market challenges or strategic shifts within the company.

These contrasting revenue paths underscore the dynamic nature of the biotech industry, where innovation and market adaptation are key to sustained success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025