Mesoblast Limited or Taro Pharmaceutical Industries Ltd.: Who Leads in Yearly Revenue?

Taro's revenue outshines Mesoblast by 40x over a decade.

__timestampMesoblast LimitedTaro Pharmaceutical Industries Ltd.
Wednesday, January 1, 201425980000759285000
Thursday, January 1, 201523748000862944000
Friday, January 1, 201642548000950751000
Sunday, January 1, 20172412000879387000
Monday, January 1, 201817341000661913000
Tuesday, January 1, 201916722000669893000
Wednesday, January 1, 202032156000644769000
Friday, January 1, 20217456000548970000
Saturday, January 1, 202210211000561347000
Sunday, January 1, 20237501000572952000
Monday, January 1, 20245902000629182000
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Infusing magic into the data realm

Mesoblast vs. Taro: A Revenue Showdown

In the competitive landscape of pharmaceuticals, revenue is a key indicator of success. Mesoblast Limited and Taro Pharmaceutical Industries Ltd. have been vying for dominance in this arena since 2014. Over the past decade, Taro has consistently outperformed Mesoblast, boasting revenues that are approximately 40 times higher on average. In 2016, Taro reached its peak with a staggering 950 million, while Mesoblast's highest was a modest 42 million in the same year.

A Decade of Trends

From 2014 to 2024, Taro's revenue has shown a steady decline, dropping by about 33% from its peak. Meanwhile, Mesoblast's revenue has fluctuated, with a notable dip in 2017. Despite these challenges, both companies continue to innovate and adapt in a rapidly changing market. As we look to the future, the question remains: can Mesoblast close the gap, or will Taro maintain its lead?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025