__timestamp | ADMA Biologics, Inc. | Amicus Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 4823869 | 20717000 |
Thursday, January 1, 2015 | 6745968 | 47269000 |
Friday, January 1, 2016 | 8494742 | 71151000 |
Sunday, January 1, 2017 | 18092835 | 88671000 |
Monday, January 1, 2018 | 22502922 | 127200000 |
Tuesday, January 1, 2019 | 25910757 | 169861000 |
Wednesday, January 1, 2020 | 35050817 | 156407000 |
Friday, January 1, 2021 | 42896889 | 192710000 |
Saturday, January 1, 2022 | 52458024 | 213041000 |
Sunday, January 1, 2023 | 59020000 | 275270000 |
Infusing magic into the data realm
In the competitive world of biotechnology, strategic spending on Selling, General, and Administrative (SG&A) expenses can be a key differentiator. Over the past decade, ADMA Biologics, Inc. and Amicus Therapeutics, Inc. have demonstrated contrasting approaches in their SG&A expenditures. From 2014 to 2023, ADMA Biologics saw a steady increase in SG&A expenses, growing by over 1,100%, reflecting their aggressive expansion and operational scaling. In contrast, Amicus Therapeutics, with a more substantial initial outlay, increased their SG&A spending by approximately 1,230%, indicating a robust commitment to market penetration and administrative efficiency. By 2023, Amicus's SG&A expenses were nearly five times that of ADMA, highlighting their larger market footprint. This comparison underscores the diverse strategies employed by biotech firms in managing operational costs to drive growth and innovation.
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