Who Generates More Revenue? TG Therapeutics, Inc. or ACADIA Pharmaceuticals Inc.

ACADIA leads revenue growth over TG Therapeutics by 6,000%.

__timestampACADIA Pharmaceuticals Inc.TG Therapeutics, Inc.
Wednesday, January 1, 2014120000152381
Thursday, January 1, 201561000152381
Friday, January 1, 201617331000152381
Sunday, January 1, 2017124901000152381
Monday, January 1, 2018223807000152000
Tuesday, January 1, 2019339076000152000
Wednesday, January 1, 2020441755000152000
Friday, January 1, 20214841450006689000
Saturday, January 1, 20225172350002785000
Sunday, January 1, 2023726437000233662000
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Unlocking the unknown

Revenue Race: TG Therapeutics vs. ACADIA Pharmaceuticals

In the competitive landscape of biotechnology, revenue generation is a key indicator of success. Over the past decade, ACADIA Pharmaceuticals Inc. has consistently outperformed TG Therapeutics, Inc. in terms of revenue. From 2014 to 2023, ACADIA's revenue surged by over 6,000%, peaking at approximately $726 million in 2023. In contrast, TG Therapeutics saw a significant increase in 2023, reaching around $234 million, but still lagged behind ACADIA.

ACADIA's growth trajectory is marked by a steady climb, particularly from 2016 onwards, where it saw a remarkable 2,800% increase by 2023. Meanwhile, TG Therapeutics experienced a breakthrough in 2023, with revenue jumping from a modest $2.8 million in 2022 to $234 million, highlighting a promising shift in their financial performance.

This data underscores the dynamic nature of the biotech industry, where strategic innovation and market adaptation are crucial for financial success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025