Revenue Insights: BioMarin Pharmaceutical Inc. and ADMA Biologics, Inc. Performance Compared

Biotech Revenue Growth: BioMarin vs. ADMA

__timestampADMA Biologics, Inc.BioMarin Pharmaceutical Inc.
Wednesday, January 1, 20145915545751040000
Thursday, January 1, 20157177633889895000
Friday, January 1, 2016106610371116854000
Sunday, January 1, 2017227605601313646000
Monday, January 1, 2018169852901491212000
Tuesday, January 1, 2019293490831704048000
Wednesday, January 1, 2020422197831860455000
Friday, January 1, 2021809426251846275000
Saturday, January 1, 20221540796922096039000
Sunday, January 1, 20232582149992419226000
Monday, January 1, 20242853915000
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In pursuit of knowledge

Revenue Growth in Biotech: A Tale of Two Companies

In the dynamic world of biotechnology, revenue growth is a key indicator of success. Over the past decade, BioMarin Pharmaceutical Inc. and ADMA Biologics, Inc. have shown contrasting trajectories. BioMarin, a leader in the field, has consistently increased its revenue, peaking at approximately $2.4 billion in 2023, a 222% increase from 2014. Meanwhile, ADMA Biologics, a smaller player, has demonstrated remarkable growth, with its revenue surging by over 4,200% from 2014 to 2023, reaching around $258 million. This stark contrast highlights the diverse strategies and market positions within the biotech sector. BioMarin's steady growth reflects its established market presence, while ADMA's rapid rise underscores its potential and agility in capturing new opportunities. As the biotech landscape evolves, these companies exemplify the varied paths to success in this innovative industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025