Revenue Showdown: Bristol-Myers Squibb Company vs Viridian Therapeutics, Inc.

Pharma Giants vs. Biotech Startups: A Revenue Comparison

__timestampBristol-Myers Squibb CompanyViridian Therapeutics, Inc.
Wednesday, January 1, 2014158790000004320000
Thursday, January 1, 2015165600000002538000
Friday, January 1, 2016194270000003337000
Sunday, January 1, 2017207760000004003000
Monday, January 1, 2018225610000008386000
Tuesday, January 1, 2019261450000004461000
Wednesday, January 1, 2020425180000001050000
Friday, January 1, 2021463850000002963000
Saturday, January 1, 2022461590000001772000
Sunday, January 1, 202345006000000314000
Monday, January 1, 202448300000000
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Data in motion

A Tale of Two Companies: Bristol-Myers Squibb vs. Viridian Therapeutics

In the ever-evolving landscape of the pharmaceutical industry, revenue growth is a key indicator of a company's success. Over the past decade, Bristol-Myers Squibb Company has demonstrated a robust financial trajectory, with its revenue soaring by approximately 183% from 2014 to 2023. This growth underscores its strategic prowess and market dominance. In stark contrast, Viridian Therapeutics, Inc., a smaller player in the field, has faced a more turbulent journey. Despite a peak in 2018, its revenue has seen a significant decline, dropping by nearly 93% by 2023. This comparison highlights the challenges smaller biotech firms face in scaling operations and achieving consistent growth. As the industry continues to innovate, the financial narratives of these companies offer valuable insights into the dynamics of pharmaceutical success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025