| __timestamp | Pharming Group N.V. | Teva Pharmaceutical Industries Limited |
|---|---|---|
| Wednesday, January 1, 2014 | 25762439 | 20272000000 |
| Thursday, January 1, 2015 | 11838278 | 19652000000 |
| Friday, January 1, 2016 | 16693660 | 21903000000 |
| Sunday, January 1, 2017 | 107517335 | 22385000000 |
| Monday, January 1, 2018 | 154575611 | 18854000000 |
| Tuesday, January 1, 2019 | 189333721 | 16887000000 |
| Wednesday, January 1, 2020 | 228394666 | 16658000000 |
| Friday, January 1, 2021 | 189853037 | 15878000000 |
| Saturday, January 1, 2022 | 205622000 | 14925000000 |
| Sunday, January 1, 2023 | 245316000 | 15846000000 |
| Monday, January 1, 2024 | 16544000000 |
Unlocking the unknown
In the ever-evolving pharmaceutical landscape, Teva Pharmaceutical Industries Limited and Pharming Group N.V. stand as intriguing case studies. Over the past decade, Teva has consistently outperformed Pharming in terms of revenue, boasting figures nearly 100 times greater. However, the narrative is not solely about size. From 2014 to 2023, Pharming's revenue surged by an impressive 850%, while Teva experienced a decline of approximately 22%.
This shift highlights the dynamic nature of the industry, where smaller players can rapidly gain ground. In 2023, Pharming reached its highest revenue, marking a 19% increase from the previous year. Meanwhile, Teva's revenue showed signs of stabilization, with a slight uptick of 6% from 2022. As the pharmaceutical sector continues to innovate, these trends underscore the importance of agility and adaptation in maintaining market relevance.
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