Revenue Insights: Vertex Pharmaceuticals Incorporated and Sarepta Therapeutics, Inc. Performance Compared

Biotech Giants' Revenue Growth: Vertex vs. Sarepta

__timestampSarepta Therapeutics, Inc.Vertex Pharmaceuticals Incorporated
Wednesday, January 1, 20149757000580415000
Thursday, January 1, 201512530001032336000
Friday, January 1, 201654210001702177000
Sunday, January 1, 20171545840002488652000
Monday, January 1, 20183010340003047597000
Tuesday, January 1, 20193808330004162821000
Wednesday, January 1, 20205400990006205683000
Friday, January 1, 20217018870007574400000
Saturday, January 1, 20229330130008930700000
Sunday, January 1, 202312433360009869200000
Monday, January 1, 202411020100000
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Igniting the spark of knowledge

Revenue Growth: A Tale of Two Biotech Giants

In the competitive world of biotechnology, Vertex Pharmaceuticals Incorporated and Sarepta Therapeutics, Inc. have emerged as key players. Over the past decade, Vertex has demonstrated a remarkable revenue growth trajectory, increasing its annual revenue by over 1,600% from 2014 to 2023. This growth is largely attributed to its innovative treatments for cystic fibrosis, which have dominated the market.

Conversely, Sarepta Therapeutics, known for its pioneering work in genetic medicine, has seen its revenue grow by an impressive 12,600% during the same period. This surge is driven by its advancements in therapies for rare neuromuscular diseases.

While Vertex's revenue in 2023 reached nearly $9.9 billion, Sarepta's revenue stood at approximately $1.2 billion. This comparison highlights the diverse strategies and market focuses of these two biotech giants, each carving out a unique niche in the healthcare industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025