PTC Therapeutics, Inc. or ACADIA Pharmaceuticals Inc.: Who Leads in Yearly Revenue?

PTC Therapeutics leads ACADIA in revenue growth by 29% in 2023.

__timestampACADIA Pharmaceuticals Inc.PTC Therapeutics, Inc.
Wednesday, January 1, 201412000022963000
Thursday, January 1, 20156100036766000
Friday, January 1, 20161733100082705000
Sunday, January 1, 2017124901000194392000
Monday, January 1, 2018223807000264734000
Tuesday, January 1, 2019339076000306980000
Wednesday, January 1, 2020441755000380766000
Friday, January 1, 2021484145000538593000
Saturday, January 1, 2022517235000698801000
Sunday, January 1, 2023726437000937822000
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PTC Therapeutics vs. ACADIA Pharmaceuticals: A Revenue Race

In the competitive landscape of biotechnology, PTC Therapeutics and ACADIA Pharmaceuticals have been vying for dominance in yearly revenue since 2014. Over the past decade, PTC Therapeutics has consistently outpaced ACADIA, culminating in a 2023 revenue that is approximately 29% higher. This growth trajectory highlights PTC's strategic advancements and market adaptability.

A Decade of Growth

Starting from modest beginnings, both companies have shown remarkable growth. ACADIA's revenue surged from a mere $61,000 in 2015 to over $726 million in 2023, marking an impressive 11,900-fold increase. Meanwhile, PTC Therapeutics expanded from $22.96 million in 2014 to nearly $938 million in 2023, reflecting a 40-fold growth.

The Future Outlook

As these companies continue to innovate, investors and stakeholders keenly watch their next moves. Will ACADIA close the gap, or will PTC maintain its lead? Only time will tell.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025