HUTCHMED (China) Limited vs Ligand Pharmaceuticals Incorporated: Annual Revenue Growth Compared

Biopharma Revenue Growth: HUTCHMED vs. Ligand

__timestampHUTCHMED (China) LimitedLigand Pharmaceuticals Incorporated
Wednesday, January 1, 20149181300064538000
Thursday, January 1, 201517820300071914000
Friday, January 1, 2016216080000108973000
Sunday, January 1, 2017241203000141102000
Monday, January 1, 2018214109000251453000
Tuesday, January 1, 2019204890000120282000
Wednesday, January 1, 2020227976000186419000
Friday, January 1, 2021356128000277133000
Saturday, January 1, 2022426409000196245000
Sunday, January 1, 2023837999000131314000
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Igniting the spark of knowledge

A Tale of Two Companies: Revenue Growth in the Biopharmaceutical Sector

In the ever-evolving landscape of biopharmaceuticals, HUTCHMED (China) Limited and Ligand Pharmaceuticals Incorporated have showcased contrasting revenue trajectories over the past decade. From 2014 to 2023, HUTCHMED's revenue surged by over 800%, reflecting its strategic expansion and innovation in the Chinese market. In contrast, Ligand Pharmaceuticals experienced a more modest growth of approximately 100%, highlighting its steady yet less aggressive market approach.

Key Insights

  • HUTCHMED's Growth: Starting with a revenue of $91 million in 2014, HUTCHMED reached an impressive $838 million by 2023, marking a significant leap in its market presence.
  • Ligand's Stability: Ligand's revenue, while growing from $65 million in 2014 to $131 million in 2023, indicates a stable but less dynamic growth pattern.

This comparison underscores the diverse strategies and market dynamics within the biopharmaceutical industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025