ACADIA Pharmaceuticals Inc. vs Catalyst Pharmaceuticals, Inc.: SG&A Expense Trends

Pharmaceutical SG&A Expenses: A Decade of Divergence

__timestampACADIA Pharmaceuticals Inc.Catalyst Pharmaceuticals, Inc.
Wednesday, January 1, 2014327480004473654
Thursday, January 1, 2015908040008597010
Friday, January 1, 20161864560007910260
Sunday, January 1, 20172550620007304399
Monday, January 1, 201826575800015875961
Tuesday, January 1, 201932563800036881187
Wednesday, January 1, 202038866100044233754
Friday, January 1, 202139602800049628000
Saturday, January 1, 202236909000058183000
Sunday, January 1, 2023402466000133710000
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Unlocking the unknown

SG&A Expense Trends: A Tale of Two Pharmaceuticals

In the competitive landscape of pharmaceuticals, understanding financial trends is crucial. Over the past decade, ACADIA Pharmaceuticals Inc. and Catalyst Pharmaceuticals, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, ACADIA's SG&A expenses surged by over 1,100%, peaking in 2023. This reflects their aggressive expansion and investment in operational capabilities. In contrast, Catalyst Pharmaceuticals, Inc. exhibited a more conservative growth, with SG&A expenses increasing by approximately 2,900% over the same period, indicating a strategic scaling of operations. Notably, 2023 marked a significant leap for Catalyst, with expenses nearly tripling from the previous year, suggesting a pivotal shift in their business strategy. These trends highlight the dynamic nature of the pharmaceutical industry, where strategic financial management can significantly impact a company's market position.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025