Revenue Showdown: Merck & Co., Inc. vs BeiGene, Ltd.

Merck vs BeiGene: A Decade of Revenue Growth

__timestampBeiGene, Ltd.Merck & Co., Inc.
Wednesday, January 1, 20141303500042237000000
Thursday, January 1, 2015881600039498000000
Friday, January 1, 2016107000039807000000
Sunday, January 1, 201723838700040122000000
Monday, January 1, 201819822000042294000000
Tuesday, January 1, 201942821200046840000000
Wednesday, January 1, 202030887400041518000000
Friday, January 1, 2021117628300048704000000
Saturday, January 1, 2022141592100059283000000
Sunday, January 1, 2023245877900060115000000
Loading chart...

Infusing magic into the data realm

A Tale of Two Giants: Merck & Co., Inc. vs BeiGene, Ltd.

In the ever-evolving landscape of the pharmaceutical industry, the revenue trajectories of Merck & Co., Inc. and BeiGene, Ltd. offer a fascinating study in contrasts. Over the past decade, Merck has consistently demonstrated its dominance, with revenues soaring from approximately $42 billion in 2014 to an impressive $60 billion by 2023. This represents a robust growth of nearly 43% over the period.

Conversely, BeiGene, a rising star in the biotech sector, has shown a meteoric rise, albeit from a smaller base. Starting with a modest revenue of around $13 million in 2014, BeiGene's revenue surged to approximately $2.46 billion by 2023, marking an astronomical increase of over 18,800%. This growth underscores BeiGene's rapid expansion and its potential to challenge established players like Merck in the future.

As these two companies continue to innovate and expand, their revenue trends provide valuable insights into the shifting dynamics of the global pharmaceutical market.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025