Cytokinetics, Incorporated vs ADMA Biologics, Inc.: Annual Revenue Growth Compared

Biotech Revenue Growth: ADMA vs. Cytokinetics (2014-2023)

__timestampADMA Biologics, Inc.Cytokinetics, Incorporated
Wednesday, January 1, 2014591554546940000
Thursday, January 1, 2015717763328658000
Friday, January 1, 201610661037106407000
Sunday, January 1, 20172276056013368000
Monday, January 1, 20181698529031501000
Tuesday, January 1, 20192934908326868000
Wednesday, January 1, 20204221978355828000
Friday, January 1, 20218094262570428000
Saturday, January 1, 202215407969294588000
Sunday, January 1, 20232582149997530000
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Unleashing insights

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

In the dynamic world of biotechnology, revenue growth is a key indicator of a company's success and potential. Over the past decade, ADMA Biologics, Inc. and Cytokinetics, Incorporated have showcased contrasting trajectories in their annual revenue growth.

ADMA Biologics, Inc.

ADMA Biologics has experienced a remarkable surge, with revenue increasing by over 4,200% from 2014 to 2023. This growth reflects the company's strategic advancements and successful market penetration, culminating in a peak revenue of approximately $258 million in 2023.

Cytokinetics, Incorporated

Conversely, Cytokinetics has faced a more volatile path. Despite a significant spike in 2016, reaching around $106 million, the company's revenue plummeted to just $7.5 million by 2023. This decline highlights the challenges faced in sustaining growth in a competitive biotech landscape.

These contrasting stories underscore the unpredictable nature of the biotech industry, where innovation and market dynamics can lead to vastly different outcomes.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025