Who Generates More Revenue? GSK plc or Ascendis Pharma A/S

GSK vs. Ascendis: A Decade of Revenue Dynamics

__timestampAscendis Pharma A/SGSK plc
Wednesday, January 1, 20141398300023006000000
Thursday, January 1, 2015811800023923000000
Friday, January 1, 2016460600027889000000
Sunday, January 1, 2017153000030186000000
Monday, January 1, 20181058100030821000000
Tuesday, January 1, 20191337500033754000000
Wednesday, January 1, 2020695300034099000000
Friday, January 1, 2021777800034114000000
Saturday, January 1, 20225117400029324000000
Sunday, January 1, 202326671800030328000000
Monday, January 1, 2024363641000
Loading chart...

Unleashing insights

Revenue Showdown: GSK plc vs. Ascendis Pharma A/S

In the competitive landscape of the pharmaceutical industry, revenue generation is a key indicator of a company's market strength and innovation capacity. Over the past decade, GSK plc has consistently outperformed Ascendis Pharma A/S in terms of revenue. From 2014 to 2023, GSK's annual revenue has hovered around $30 billion, showcasing its robust market presence and diversified product portfolio. In contrast, Ascendis Pharma A/S, a relatively newer player, has seen its revenue grow from modest beginnings to a peak of approximately $267 million in 2023, marking a significant growth trajectory.

A Decade of Growth and Stability

While GSK's revenue has remained stable, Ascendis Pharma A/S has experienced a remarkable growth rate, increasing its revenue by over 1,800% from 2014 to 2023. This growth reflects Ascendis's strategic focus on innovative therapies and expanding market reach. As the pharmaceutical industry continues to evolve, these revenue trends highlight the dynamic nature of market competition and the potential for emerging companies to challenge established giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025