__timestamp | Taro Pharmaceutical Industries Ltd. | Teva Pharmaceutical Industries Limited |
---|---|---|
Wednesday, January 1, 2014 | 759285000 | 20272000000 |
Thursday, January 1, 2015 | 862944000 | 19652000000 |
Friday, January 1, 2016 | 950751000 | 21903000000 |
Sunday, January 1, 2017 | 879387000 | 22385000000 |
Monday, January 1, 2018 | 661913000 | 18854000000 |
Tuesday, January 1, 2019 | 669893000 | 16887000000 |
Wednesday, January 1, 2020 | 644769000 | 16658000000 |
Friday, January 1, 2021 | 548970000 | 15878000000 |
Saturday, January 1, 2022 | 561347000 | 14925000000 |
Sunday, January 1, 2023 | 572952000 | 15846000000 |
Monday, January 1, 2024 | 629182000 | 16544000000 |
In pursuit of knowledge
In the competitive world of pharmaceuticals, Teva Pharmaceutical Industries Limited and Taro Pharmaceutical Industries Ltd. have been key players. Over the past decade, Teva has consistently outpaced Taro in annual revenue, boasting figures that are nearly 25 times higher. In 2016, Teva reached its peak with a revenue of approximately $21.9 billion, while Taro's highest was around $950 million in the same year. However, both companies have faced challenges, with Teva's revenue declining by about 32% from 2016 to 2022, and Taro experiencing a 41% drop in the same period. Despite these setbacks, Teva remains a dominant force, while Taro continues to hold its ground in a niche market. As of 2023, Teva's revenue shows signs of stabilization, while Taro's figures suggest a potential rebound. The future remains uncertain, but both companies are poised to adapt and innovate in the ever-evolving pharmaceutical landscape.
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