Vertex Pharmaceuticals Incorporated and TG Therapeutics, Inc.: A Comprehensive Revenue Analysis

Vertex vs. TG Therapeutics: A Decade of Revenue Growth

__timestampTG Therapeutics, Inc.Vertex Pharmaceuticals Incorporated
Wednesday, January 1, 2014152381580415000
Thursday, January 1, 20151523811032336000
Friday, January 1, 20161523811702177000
Sunday, January 1, 20171523812488652000
Monday, January 1, 20181520003047597000
Tuesday, January 1, 20191520004162821000
Wednesday, January 1, 20201520006205683000
Friday, January 1, 202166890007574400000
Saturday, January 1, 202227850008930700000
Sunday, January 1, 20232336620009869200000
Monday, January 1, 202411020100000
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Data in motion

A Tale of Two Biotechs: Vertex vs. TG Therapeutics

In the dynamic world of biotechnology, revenue growth is a key indicator of a company's success. Over the past decade, Vertex Pharmaceuticals Incorporated has demonstrated a remarkable upward trajectory, with revenues soaring from approximately $580 million in 2014 to nearly $9.9 billion in 2023. This represents an impressive growth rate of over 1,600%, underscoring Vertex's dominance in the biotech sector.

Conversely, TG Therapeutics, Inc. has experienced a more volatile revenue journey. From a modest $152,000 in 2014, TG Therapeutics saw a significant spike in 2023, reaching approximately $234 million. This surge, while substantial, highlights the challenges and opportunities faced by smaller biotech firms in scaling their operations.

This comparative analysis offers a fascinating glimpse into the contrasting paths of two biotech companies, each navigating the complexities of innovation and market demand in their unique ways.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025