ImmunityBio, Inc. and Geron Corporation: A Comprehensive Revenue Analysis

Biotech Revenue Trends: Geron vs. ImmunityBio

__timestampGeron CorporationImmunityBio, Inc.
Wednesday, January 1, 20141153000641000
Thursday, January 1, 201536371000236000
Friday, January 1, 2016616200044000
Sunday, January 1, 2017106500045000
Monday, January 1, 2018106600047000
Tuesday, January 1, 20194600002202000
Wednesday, January 1, 2020253000605000
Friday, January 1, 20211393000934000
Saturday, January 1, 2022596000240000
Sunday, January 1, 2023237000622000
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Infusing magic into the data realm

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

In the dynamic world of biotechnology, revenue trends offer a window into a company's growth and market position. Over the past decade, Geron Corporation and ImmunityBio, Inc. have navigated the financial landscape with varying degrees of success.

Geron Corporation: A Rollercoaster Ride

Geron Corporation's revenue journey has been marked by significant fluctuations. In 2015, the company experienced a revenue peak, achieving nearly 32 times its 2014 revenue. However, this was followed by a downward trend, with revenues decreasing by approximately 94% by 2023. This volatility reflects the challenges and opportunities inherent in the biotech sector.

ImmunityBio, Inc.: Steady Growth

In contrast, ImmunityBio, Inc. has shown a more consistent revenue trajectory. Despite starting with lower revenues, the company saw a remarkable increase in 2019, with revenues surging by over 300% compared to the previous year. This steady growth underscores ImmunityBio's strategic positioning in the market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025