__timestamp | Amgen Inc. | Taro Pharmaceutical Industries Ltd. |
---|---|---|
Wednesday, January 1, 2014 | 20063000000 | 759285000 |
Thursday, January 1, 2015 | 21662000000 | 862944000 |
Friday, January 1, 2016 | 22991000000 | 950751000 |
Sunday, January 1, 2017 | 22849000000 | 879387000 |
Monday, January 1, 2018 | 23747000000 | 661913000 |
Tuesday, January 1, 2019 | 23362000000 | 669893000 |
Wednesday, January 1, 2020 | 25424000000 | 644769000 |
Friday, January 1, 2021 | 25979000000 | 548970000 |
Saturday, January 1, 2022 | 26323000000 | 561347000 |
Sunday, January 1, 2023 | 28190000000 | 572952000 |
Monday, January 1, 2024 | 33424000000 | 629182000 |
Infusing magic into the data realm
In the competitive landscape of the pharmaceutical industry, revenue generation is a key indicator of a company's market strength and innovation prowess. Over the past decade, Amgen Inc. has consistently outperformed Taro Pharmaceutical Industries Ltd. in terms of revenue. From 2014 to 2023, Amgen's revenue has grown by approximately 40%, peaking at $28.19 billion in 2023. In contrast, Taro's revenue has seen a decline, dropping to $572.95 million in 2023, a decrease of about 25% from its 2016 peak.
This stark contrast highlights Amgen's robust market strategies and product pipeline, which have enabled it to capture a larger market share. Meanwhile, Taro's revenue trajectory suggests challenges in maintaining its competitive edge. As we look to the future, the question remains: Can Taro revitalize its growth to challenge industry giants like Amgen?
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