__timestamp | Vertex Pharmaceuticals Incorporated | Xencor, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 580415000 | 9520000 |
Thursday, January 1, 2015 | 1032336000 | 27762000 |
Friday, January 1, 2016 | 1702177000 | 87520000 |
Sunday, January 1, 2017 | 2488652000 | 35711000 |
Monday, January 1, 2018 | 3047597000 | 40603000 |
Tuesday, January 1, 2019 | 4162821000 | 156700000 |
Wednesday, January 1, 2020 | 6205683000 | 122694000 |
Friday, January 1, 2021 | 7574400000 | 275111000 |
Saturday, January 1, 2022 | 8930700000 | 164579000 |
Sunday, January 1, 2023 | 9869200000 | 168338000 |
Monday, January 1, 2024 | 11020100000 |
Data in motion
In the competitive landscape of biotechnology, Vertex Pharmaceuticals Incorporated and Xencor, Inc. have showcased contrasting revenue trajectories over the past decade. Since 2014, Vertex has demonstrated a remarkable growth, with its revenue surging by over 1,600%, reaching nearly $9.9 billion by 2023. This growth underscores Vertex's strategic advancements in the pharmaceutical sector, particularly in the development of innovative therapies.
Conversely, Xencor, Inc., while experiencing a more modest growth, has seen its revenue increase by approximately 1,670% over the same period, peaking at $275 million in 2021. Despite the smaller scale, Xencor's focus on antibody and cytokine therapeutics has positioned it as a promising player in the biotech industry.
This comparison highlights the diverse strategies and market positions of these two companies, offering valuable insights into the evolving dynamics of the biotech sector.
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