Exelixis, Inc. vs ACADIA Pharmaceuticals Inc.: Examining Key Revenue Metrics

Biotech Revenue Surge: Exelixis vs. ACADIA from 2014 to 2023

__timestampACADIA Pharmaceuticals Inc.Exelixis, Inc.
Wednesday, January 1, 201412000025111000
Thursday, January 1, 20156100037172000
Friday, January 1, 201617331000191454000
Sunday, January 1, 2017124901000452477000
Monday, January 1, 2018223807000853826000
Tuesday, January 1, 2019339076000967775000
Wednesday, January 1, 2020441755000987538000
Friday, January 1, 20214841450001434970000
Saturday, January 1, 20225172350001611062000
Sunday, January 1, 20237264370001830208000
Monday, January 1, 20242168701000
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Unleashing the power of data

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

In the competitive world of biotechnology, revenue growth is a key indicator of success. Over the past decade, Exelixis, Inc. and ACADIA Pharmaceuticals Inc. have shown remarkable trajectories in their financial performance. Starting in 2014, Exelixis reported a modest revenue, but by 2023, it had skyrocketed by over 7,000%, reaching approximately $1.83 billion. This impressive growth highlights Exelixis's strategic advancements and market penetration.

Meanwhile, ACADIA Pharmaceuticals also experienced significant growth, albeit at a slower pace. From 2014 to 2023, ACADIA's revenue increased by nearly 6,000%, culminating in a revenue of around $726 million. This steady rise underscores ACADIA's resilience and adaptability in a rapidly evolving industry.

These trends reflect broader shifts in the biotech sector, where innovation and strategic partnerships drive financial success. As both companies continue to innovate, their revenue trajectories offer valuable insights into the future of biotechnology.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025