MorphoSys AG vs Taro Pharmaceutical Industries Ltd.: Annual Revenue Growth Compared

Pharma Giants' Revenue Battle: MorphoSys vs. Taro

__timestampMorphoSys AGTaro Pharmaceutical Industries Ltd.
Wednesday, January 1, 201463977978759285000
Thursday, January 1, 2015106222897862944000
Friday, January 1, 201649743515950751000
Sunday, January 1, 201766790840879387000
Monday, January 1, 201876442505661913000
Tuesday, January 1, 201971755303669893000
Wednesday, January 1, 2020327698465644769000
Friday, January 1, 2021179600000548970000
Saturday, January 1, 2022278267003561347000
Sunday, January 1, 2023238278313572952000
Monday, January 1, 2024629182000
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Unveiling the hidden dimensions of data

MorphoSys AG vs. Taro Pharmaceutical: A Decade of Revenue Dynamics

In the ever-evolving pharmaceutical industry, understanding revenue trends is crucial for investors and stakeholders. Over the past decade, MorphoSys AG and Taro Pharmaceutical Industries Ltd. have showcased contrasting revenue trajectories. From 2014 to 2023, Taro Pharmaceutical consistently outperformed MorphoSys AG, with revenues peaking at approximately $950 million in 2016. In contrast, MorphoSys AG experienced a significant revenue surge in 2020, reaching around $328 million, marking a 330% increase from its 2016 low. However, by 2023, MorphoSys AG's revenue had declined to about $238 million, indicating a need for strategic realignment. Meanwhile, Taro Pharmaceutical's revenue remained relatively stable, with a slight dip in 2021 but recovering to $573 million by 2023. This analysis highlights the resilience of Taro Pharmaceutical and the volatility faced by MorphoSys AG, offering valuable insights for future investment decisions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025