Incyte Corporation and Geron Corporation: A Comprehensive Revenue Analysis

Biotech Revenue Trends: Incyte vs. Geron (2014-2023)

__timestampGeron CorporationIncyte Corporation
Wednesday, January 1, 20141153000511495000
Thursday, January 1, 201536371000753751000
Friday, January 1, 201661620001105719000
Sunday, January 1, 201710650001536216000
Monday, January 1, 201810660001881883000
Tuesday, January 1, 20194600002158759000
Wednesday, January 1, 20202530002666702000
Friday, January 1, 202113930002986267000
Saturday, January 1, 20225960003394635000
Sunday, January 1, 20232370003695649000
Monday, January 1, 20244241217000
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Unlocking the unknown

A Tale of Two Biotech Giants: Revenue Trends from 2014 to 2023

In the dynamic world of biotechnology, revenue growth is a key indicator of a company's success. Over the past decade, Incyte Corporation and Geron Corporation have showcased contrasting revenue trajectories. Incyte Corporation has experienced a remarkable growth, with revenues soaring from approximately $511 million in 2014 to nearly $3.7 billion in 2023, marking an impressive increase of over 620%. This growth reflects Incyte's strategic advancements and market expansion.

Conversely, Geron Corporation's revenue journey has been more volatile. Despite a peak in 2015, where revenues reached around $36 million, the company has faced challenges, with revenues declining to just $237,000 by 2023. This stark contrast highlights the diverse challenges and opportunities within the biotech sector. As we look to the future, these trends offer valuable insights into the strategic directions of these industry players.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025