ACADIA Pharmaceuticals Inc. and Amicus Therapeutics, Inc.: SG&A Spending Patterns Compared

Biotech Giants' SG&A Spending: A Decade of Strategic Insights

__timestampACADIA Pharmaceuticals Inc.Amicus Therapeutics, Inc.
Wednesday, January 1, 20143274800020717000
Thursday, January 1, 20159080400047269000
Friday, January 1, 201618645600071151000
Sunday, January 1, 201725506200088671000
Monday, January 1, 2018265758000127200000
Tuesday, January 1, 2019325638000169861000
Wednesday, January 1, 2020388661000156407000
Friday, January 1, 2021396028000192710000
Saturday, January 1, 2022369090000213041000
Sunday, January 1, 2023402466000275270000
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Unlocking the unknown

SG&A Spending Patterns: A Tale of Two Biotechs

In the competitive world of biotechnology, understanding spending patterns can offer valuable insights into a company's strategic priorities. Over the past decade, ACADIA Pharmaceuticals Inc. and Amicus Therapeutics, Inc. have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses.

From 2014 to 2023, ACADIA Pharmaceuticals has consistently increased its SG&A spending, peaking in 2023 with a 23% rise from 2020. This upward trend reflects ACADIA's aggressive market expansion and investment in administrative capabilities. In contrast, Amicus Therapeutics, while also increasing its SG&A expenses, has done so at a more moderate pace, with a 76% increase over the same period. This suggests a more cautious approach, possibly focusing on sustainable growth and operational efficiency.

These spending patterns not only highlight the companies' differing strategies but also provide a window into their future trajectories in the biotech landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025