Ligand Pharmaceuticals Incorporated and MiMedx Group, Inc.: A Comprehensive Revenue Analysis

Biotech Revenue Trends: Ligand vs. MiMedx

__timestampLigand Pharmaceuticals IncorporatedMiMedx Group, Inc.
Wednesday, January 1, 201464538000118223000
Thursday, January 1, 201571914000187296000
Friday, January 1, 2016108973000245015000
Sunday, January 1, 2017141102000321139000
Monday, January 1, 2018251453000359111000
Tuesday, January 1, 2019120282000299255000
Wednesday, January 1, 2020186419000248234000
Friday, January 1, 2021277133000258615000
Saturday, January 1, 2022196245000267841000
Sunday, January 1, 2023131314000321477000
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Unleashing the power of data

Revenue Trends of Ligand Pharmaceuticals and MiMedx Group

In the ever-evolving landscape of biotechnology, Ligand Pharmaceuticals and MiMedx Group have showcased intriguing revenue trajectories over the past decade. From 2014 to 2023, Ligand Pharmaceuticals experienced a revenue growth of approximately 103%, peaking in 2021 with a remarkable 278 million USD. However, the subsequent years saw a decline, closing at 131 million USD in 2023. In contrast, MiMedx Group demonstrated a more consistent upward trend, with revenues increasing by 172% over the same period, reaching a high of 321 million USD in 2023.

Key Insights

  • Ligand Pharmaceuticals: Notable revenue surge in 2018, followed by fluctuations.
  • MiMedx Group: Steady growth with a significant leap in 2017.

These trends reflect the dynamic nature of the biotech industry, where innovation and market forces drive financial outcomes.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025