Revenue Insights: BioMarin Pharmaceutical Inc. and ACADIA Pharmaceuticals Inc. Performance Compared

Biotech Revenue Growth: BioMarin vs. ACADIA

__timestampACADIA Pharmaceuticals Inc.BioMarin Pharmaceutical Inc.
Wednesday, January 1, 2014120000751040000
Thursday, January 1, 201561000889895000
Friday, January 1, 2016173310001116854000
Sunday, January 1, 20171249010001313646000
Monday, January 1, 20182238070001491212000
Tuesday, January 1, 20193390760001704048000
Wednesday, January 1, 20204417550001860455000
Friday, January 1, 20214841450001846275000
Saturday, January 1, 20225172350002096039000
Sunday, January 1, 20237264370002419226000
Monday, January 1, 20242853915000
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Unlocking the unknown

Revenue Growth in Biotech: A Tale of Two Companies

In the dynamic world of biotechnology, revenue growth is a key indicator of a company's success and market position. Over the past decade, BioMarin Pharmaceutical Inc. and ACADIA Pharmaceuticals Inc. have shown contrasting revenue trajectories. BioMarin, a leader in the field, has consistently increased its revenue, achieving a remarkable 222% growth from 2014 to 2023. In 2023, BioMarin's revenue peaked at approximately $2.42 billion, showcasing its robust market presence.

On the other hand, ACADIA Pharmaceuticals has experienced a more volatile journey. Starting with a modest revenue in 2014, ACADIA has seen a staggering increase of over 6000% by 2023, reaching around $726 million. This dramatic rise highlights ACADIA's potential and growing influence in the biotech sector. Despite the differences in scale, both companies exemplify the innovative spirit driving the biotechnology industry forward.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025