Incyte Corporation vs Ionis Pharmaceuticals, Inc.: Annual Revenue Growth Compared

Biotech Giants: Incyte vs. Ionis Revenue Growth Battle

__timestampIncyte CorporationIonis Pharmaceuticals, Inc.
Wednesday, January 1, 2014511495000214161000
Thursday, January 1, 2015753751000283703000
Friday, January 1, 20161105719000346620000
Sunday, January 1, 20171536216000507666000
Monday, January 1, 20181881883000599674000
Tuesday, January 1, 201921587590001123000000
Wednesday, January 1, 20202666702000729000000
Friday, January 1, 20212986267000810000000
Saturday, January 1, 20223394635000587000000
Sunday, January 1, 20233695649000787647000
Monday, January 1, 20244241217000705138000
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Unlocking the unknown

A Tale of Two Biotechs: Incyte vs. Ionis

In the competitive world of biotechnology, revenue growth is a key indicator of success. From 2014 to 2023, Incyte Corporation and Ionis Pharmaceuticals, Inc. have shown distinct trajectories. Incyte's revenue surged by over 620%, starting from approximately $511 million in 2014 to nearly $3.7 billion in 2023. This impressive growth reflects Incyte's strategic advancements and market penetration.

Conversely, Ionis Pharmaceuticals experienced a more modest growth of around 268% over the same period, with revenues increasing from about $214 million to $788 million. Despite the slower pace, Ionis has maintained a steady upward trend, showcasing its resilience and potential in the biotech sector.

This comparison highlights the dynamic nature of the biotech industry, where strategic innovation and market adaptability can lead to significant financial growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025