Revenue Showdown: argenx SE vs Teva Pharmaceutical Industries Limited

Pharma Giants' Revenue Battle: Teva vs. argenx

__timestampTeva Pharmaceutical Industries Limitedargenx SE
Wednesday, January 1, 2014202720000004579319.93
Thursday, January 1, 2015196520000007504448.39
Friday, January 1, 20162190300000015466459
Sunday, January 1, 20172238500000043793829
Monday, January 1, 20181885400000024564806
Tuesday, January 1, 20191688700000078116087
Wednesday, January 1, 20201665800000044848173
Friday, January 1, 202115878000000497277000
Saturday, January 1, 202214925000000410746000
Sunday, January 1, 2023158460000001226316000
Monday, January 1, 202416544000000
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Unveiling the hidden dimensions of data

Revenue Showdown: A Tale of Two Pharmaceutical Giants

In the ever-evolving pharmaceutical industry, revenue trends offer a glimpse into the strategic maneuvers of key players. Over the past decade, Teva Pharmaceutical Industries Limited and argenx SE have showcased contrasting trajectories. Teva, a stalwart in the industry, has seen its revenue decline by approximately 22% from 2014 to 2023, reflecting challenges in the generic drug market. Meanwhile, argenx SE, a rising star, has experienced a staggering growth of over 26,000% in the same period, driven by innovative therapies and strategic partnerships.

A Decade of Transformation

From 2014 to 2023, Teva's revenue peaked in 2017, only to face a downward trend thereafter. In contrast, argenx SE's revenue surged, particularly from 2021 onwards, highlighting its successful entry into the market. This revenue showdown underscores the dynamic nature of the pharmaceutical landscape, where innovation and adaptability are key to success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025