Genmab A/S or Merus N.V.: Who Leads in Yearly Revenue?

Genmab A/S dominates revenue growth over Merus N.V. in biotech.

__timestampGenmab A/SMerus N.V.
Wednesday, January 1, 2014850385000944841
Thursday, January 1, 201511330410001437692
Friday, January 1, 201618161220002859576
Sunday, January 1, 2017236543600014882309
Monday, January 1, 2018302513700035973461
Tuesday, January 1, 2019536600000031133000
Wednesday, January 1, 20201011100000029943000
Friday, January 1, 2021848200000049107000
Saturday, January 1, 20221459500000041586000
Sunday, January 1, 20231647400000043947000
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Infusing magic into the data realm

Genmab A/S vs. Merus N.V.: A Revenue Showdown

In the competitive landscape of biotechnology, Genmab A/S and Merus N.V. have been making waves with their financial performances. Over the past decade, Genmab A/S has consistently outpaced Merus N.V. in terms of revenue growth. Starting in 2014, Genmab's revenue was approximately 850 million, and by 2023, it skyrocketed to nearly 16.5 billion, marking an impressive growth of over 1800%. In contrast, Merus N.V. saw a more modest increase from under 1 million in 2014 to around 44 million in 2023, reflecting a growth of about 450%.

This stark contrast highlights Genmab's dominant position in the market, driven by strategic innovations and robust product pipelines. As the biotech industry continues to evolve, these companies' financial trajectories offer valuable insights into their market strategies and future potential.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025