| __timestamp | Incyte Corporation | Travere Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 511495000 | 28203205 |
| Thursday, January 1, 2015 | 753751000 | 99892000 |
| Friday, January 1, 2016 | 1105719000 | 133591000 |
| Sunday, January 1, 2017 | 1536216000 | 154937000 |
| Monday, January 1, 2018 | 1881883000 | 164246000 |
| Tuesday, January 1, 2019 | 2158759000 | 175338000 |
| Wednesday, January 1, 2020 | 2666702000 | 198321000 |
| Friday, January 1, 2021 | 2986267000 | 227490000 |
| Saturday, January 1, 2022 | 3394635000 | 212018000 |
| Sunday, January 1, 2023 | 3695649000 | 145238000 |
| Monday, January 1, 2024 | 4241217000 |
In pursuit of knowledge
In the competitive landscape of biotechnology, revenue growth is a key indicator of success. Over the past decade, Incyte Corporation has demonstrated a remarkable trajectory, with its annual revenue surging by over 620% from 2014 to 2023. Starting at approximately $511 million in 2014, Incyte's revenue reached nearly $3.7 billion by 2023, showcasing its robust market presence and strategic advancements.
In contrast, Travere Therapeutics, Inc. experienced a more modest growth, with its revenue increasing by around 415% over the same period. Despite starting at a lower base of approximately $28 million in 2014, Travere's revenue peaked at about $227 million in 2021 before slightly declining in 2023.
This comparison highlights the dynamic nature of the biotech industry, where strategic innovation and market adaptation are crucial for sustained growth and competitiveness.
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