Revenue Showdown: BioMarin Pharmaceutical Inc. vs TG Therapeutics, Inc.

BioMarin's steady growth vs. TG Therapeutics' breakthrough leap.

__timestampBioMarin Pharmaceutical Inc.TG Therapeutics, Inc.
Wednesday, January 1, 2014751040000152381
Thursday, January 1, 2015889895000152381
Friday, January 1, 20161116854000152381
Sunday, January 1, 20171313646000152381
Monday, January 1, 20181491212000152000
Tuesday, January 1, 20191704048000152000
Wednesday, January 1, 20201860455000152000
Friday, January 1, 202118462750006689000
Saturday, January 1, 202220960390002785000
Sunday, January 1, 20232419226000233662000
Monday, January 1, 20242853915000
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Igniting the spark of knowledge

Revenue Showdown: BioMarin vs. TG Therapeutics

In the competitive landscape of biotechnology, BioMarin Pharmaceutical Inc. and TG Therapeutics, Inc. have charted distinct paths over the past decade. BioMarin, a leader in rare disease therapies, has seen its revenue grow by over 220% from 2014 to 2023, reaching a peak of approximately $2.4 billion. This growth underscores BioMarin's robust pipeline and strategic market positioning.

Conversely, TG Therapeutics, focused on developing treatments for B-cell diseases, experienced a dramatic revenue surge in 2023, jumping from negligible figures to over $233 million. This leap, a staggering increase of over 8,000% from 2022, highlights a pivotal year for the company, likely driven by successful product launches or strategic partnerships.

While BioMarin's steady growth reflects its established market presence, TG Therapeutics' recent spike suggests a promising breakthrough, setting the stage for an intriguing rivalry in the biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025