| __timestamp | Amphastar Pharmaceuticals, Inc. | Novavax, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 210461000 | 30659000 |
| Thursday, January 1, 2015 | 251519000 | 36250000 |
| Friday, January 1, 2016 | 255165000 | 15353000 |
| Sunday, January 1, 2017 | 240175000 | 31176000 |
| Monday, January 1, 2018 | 294666000 | 34288000 |
| Tuesday, January 1, 2019 | 322357000 | 18662000 |
| Wednesday, January 1, 2020 | 349846000 | 475598000 |
| Friday, January 1, 2021 | 437768000 | 1146290000 |
| Saturday, January 1, 2022 | 498987000 | 1598951000 |
| Sunday, January 1, 2023 | 644395000 | 556382000 |
Unleashing the power of data
In the ever-evolving pharmaceutical industry, revenue growth is a key indicator of a company's success. Amphastar Pharmaceuticals and Novavax have shown contrasting revenue trajectories over the past decade. From 2014 to 2023, Amphastar's revenue grew steadily, increasing by over 200%, peaking at approximately $644 million in 2023. In contrast, Novavax experienced a dramatic surge, particularly from 2020 to 2022, with revenues skyrocketing by over 3,000%, largely due to its COVID-19 vaccine efforts, reaching a high of nearly $1.6 billion in 2022.
While Amphastar's growth reflects consistent performance, Novavax's revenue highlights the impact of strategic product development in response to global health crises. As the pharmaceutical landscape continues to shift, these companies exemplify different paths to financial success, driven by innovation and market demand.
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