Revenue Insights: Exelixis, Inc. and Corcept Therapeutics Incorporated Performance Compared

Biotech Revenue Surge: Exelixis vs. Corcept

__timestampCorcept Therapeutics IncorporatedExelixis, Inc.
Wednesday, January 1, 20142655100025111000
Thursday, January 1, 20155028600037172000
Friday, January 1, 201681321000191454000
Sunday, January 1, 2017159201000452477000
Monday, January 1, 2018251247000853826000
Tuesday, January 1, 2019306486000967775000
Wednesday, January 1, 2020353874000987538000
Friday, January 1, 20213659780001434970000
Saturday, January 1, 20224018580001611062000
Sunday, January 1, 20234823750001830208000
Monday, January 1, 20242168701000
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Unleashing insights

Revenue Growth: A Tale of Two Biotech Companies

In the competitive landscape of biotechnology, Exelixis, Inc. and Corcept Therapeutics Incorporated have shown remarkable revenue growth over the past decade. Since 2014, Exelixis has seen its revenue skyrocket by over 7,200%, reaching approximately $1.83 billion in 2023. This impressive growth is largely attributed to its successful oncology products. Meanwhile, Corcept Therapeutics has also experienced significant growth, with its revenue increasing by nearly 1,700% to around $482 million in the same period, driven by its niche focus on metabolic disorders.

Both companies have demonstrated resilience and strategic prowess in navigating the biotech sector's challenges. While Exelixis leads in absolute revenue, Corcept's steady growth highlights its potential in specialized markets. As we look to the future, these companies' trajectories offer valuable insights into the evolving dynamics of the biotech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025