Vericel Corporation or HUTCHMED (China) Limited: Who Leads in Yearly Revenue?

Biotech Giants: HUTCHMED vs. Vericel Revenue Race

__timestampHUTCHMED (China) LimitedVericel Corporation
Wednesday, January 1, 20149181300028796000
Thursday, January 1, 201517820300051168000
Friday, January 1, 201621608000054383000
Sunday, January 1, 201724120300063924000
Monday, January 1, 201821410900090857000
Tuesday, January 1, 2019204890000117850000
Wednesday, January 1, 2020227976000124179000
Friday, January 1, 2021356128000156184000
Saturday, January 1, 2022426409000164365000
Sunday, January 1, 2023837999000197516000
Loading chart...

Unleashing insights

A Tale of Two Companies: Revenue Growth from 2014 to 2023

In the competitive landscape of biotechnology, HUTCHMED (China) Limited and Vericel Corporation have been making significant strides. Over the past decade, HUTCHMED has consistently outpaced Vericel in terms of revenue growth. Starting in 2014, HUTCHMED's revenue was approximately three times that of Vericel. By 2023, HUTCHMED's revenue had surged by over 800%, reaching a peak that is more than four times Vericel's revenue for the same year.

Vericel, while trailing, has shown steady growth, increasing its revenue by nearly 600% from 2014 to 2023. This growth trajectory highlights the dynamic nature of the biotech industry, where innovation and strategic market positioning can lead to substantial financial gains. As these companies continue to evolve, their revenue trends offer valuable insights into their market strategies and future potential.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025