Novo Nordisk A/S or Amphastar Pharmaceuticals, Inc.: Who Leads in Yearly Revenue?

Novo Nordisk's Revenue Dominance Over Amphastar

__timestampAmphastar Pharmaceuticals, Inc.Novo Nordisk A/S
Wednesday, January 1, 201421046100088806000000
Thursday, January 1, 2015251519000107927000000
Friday, January 1, 2016255165000111780000000
Sunday, January 1, 2017240175000111696000000
Monday, January 1, 2018294666000111831000000
Tuesday, January 1, 2019322357000122021000000
Wednesday, January 1, 2020349846000126946000000
Friday, January 1, 2021437768000140800000000
Saturday, January 1, 2022498987000176954000000
Sunday, January 1, 2023644395000232261000000
Monday, January 1, 2024290403000000
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Igniting the spark of knowledge

Novo Nordisk vs. Amphastar: A Revenue Showdown

In the competitive landscape of pharmaceuticals, Novo Nordisk A/S and Amphastar Pharmaceuticals, Inc. have been key players. Over the past decade, Novo Nordisk has consistently outperformed Amphastar in terms of annual revenue. From 2014 to 2023, Novo Nordisk's revenue surged by approximately 161%, reaching a staggering $232 billion in 2023. In contrast, Amphastar's revenue grew by about 206%, yet it only reached $644 million in the same year.

A Decade of Growth

While Amphastar's growth rate is impressive, Novo Nordisk's sheer scale and market dominance are evident. By 2023, Novo Nordisk's revenue was over 360 times that of Amphastar. This stark contrast highlights Novo Nordisk's stronghold in the industry, driven by its innovative diabetes care solutions and strategic market expansions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025