Revenue Showdown: TG Therapeutics, Inc. vs Dynavax Technologies Corporation

Biotech Revenue Battle: Dynavax vs. TG Therapeutics

__timestampDynavax Technologies CorporationTG Therapeutics, Inc.
Wednesday, January 1, 201411032000152381
Thursday, January 1, 20154050000152381
Friday, January 1, 201611043000152381
Sunday, January 1, 2017327000152381
Monday, January 1, 20188198000152000
Tuesday, January 1, 201935219000152000
Wednesday, January 1, 202046551000152000
Friday, January 1, 20214394420006689000
Saturday, January 1, 20227226830002785000
Sunday, January 1, 2023232284000233662000
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Data in motion

Revenue Showdown: A Tale of Two Biotechs

In the competitive world of biotechnology, revenue growth is a key indicator of success. Over the past decade, Dynavax Technologies Corporation and TG Therapeutics, Inc. have been on divergent paths. Dynavax, with its focus on innovative vaccines, saw a staggering 6,450% increase in revenue from 2014 to 2022, peaking at $723 million in 2022. This growth was driven by their strategic pivot towards vaccine development, particularly during the global health crisis.

In contrast, TG Therapeutics, Inc., primarily focused on developing treatments for cancer and autoimmune diseases, experienced a more modest revenue trajectory. Despite a significant leap in 2023, reaching $234 million, their revenue remained relatively flat in earlier years. This disparity highlights the varying impacts of market focus and strategic decisions in the biotech sector. As these companies continue to innovate, their financial journeys offer valuable insights into the dynamics of the industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025