Who Generates More Revenue? BeiGene, Ltd. or Genmab A/S

Genmab A/S leads in biotech revenue over BeiGene, Ltd.

__timestampBeiGene, Ltd.Genmab A/S
Wednesday, January 1, 201413035000850385000
Thursday, January 1, 201588160001133041000
Friday, January 1, 201610700001816122000
Sunday, January 1, 20172383870002365436000
Monday, January 1, 20181982200003025137000
Tuesday, January 1, 20194282120005366000000
Wednesday, January 1, 202030887400010111000000
Friday, January 1, 202111762830008482000000
Saturday, January 1, 2022141592100014595000000
Sunday, January 1, 2023245877900016474000000
Monday, January 1, 202421526000000
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Data in motion

Revenue Race: BeiGene, Ltd. vs. Genmab A/S

In the competitive landscape of biotechnology, revenue generation is a key indicator of success. Over the past decade, Genmab A/S has consistently outperformed BeiGene, Ltd. in terms of revenue. Starting in 2014, Genmab's revenue was approximately 65 times that of BeiGene. Fast forward to 2023, and Genmab's revenue still towers over BeiGene's, being nearly 7 times larger. This growth trajectory highlights Genmab's robust market presence and strategic advancements.

A Decade of Growth

From 2014 to 2023, Genmab's revenue surged by over 1,800%, while BeiGene's revenue increased by an impressive 18,800%. Despite BeiGene's rapid growth rate, Genmab's established market position ensures its dominance. This data underscores the dynamic nature of the biotech industry, where innovation and strategic partnerships drive financial success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025