Who Generates More Revenue? Merck & Co., Inc. or Pharming Group N.V.

Merck vs. Pharming: A Decade of Revenue Growth

__timestampMerck & Co., Inc.Pharming Group N.V.
Wednesday, January 1, 20144223700000025762439
Thursday, January 1, 20153949800000011838278
Friday, January 1, 20163980700000016693660
Sunday, January 1, 201740122000000107517335
Monday, January 1, 201842294000000154575611
Tuesday, January 1, 201946840000000189333721
Wednesday, January 1, 202041518000000228394666
Friday, January 1, 202148704000000189853037
Saturday, January 1, 202259283000000205622000
Sunday, January 1, 202360115000000245316000
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In pursuit of knowledge

Revenue Showdown: Merck & Co., Inc. vs. Pharming Group N.V.

In the competitive world of pharmaceuticals, revenue generation is a key indicator of a company's market strength. Over the past decade, Merck & Co., Inc. has consistently outperformed Pharming Group N.V. in terms of revenue. From 2014 to 2023, Merck's revenue grew by approximately 42%, reaching a peak in 2023. In contrast, Pharming Group N.V. saw a more modest increase of around 850% over the same period, yet their revenue remains a fraction of Merck's.

A Decade of Growth

Merck's revenue in 2023 was nearly 250 times greater than that of Pharming Group N.V., highlighting the vast difference in scale between these two companies. While Pharming Group N.V. has shown impressive growth in percentage terms, Merck's dominance in absolute revenue terms underscores its position as a pharmaceutical giant. This data provides a fascinating insight into the dynamics of the pharmaceutical industry over the last decade.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025