ADMA Biologics, Inc. and Amicus Therapeutics, Inc.: SG&A Spending Patterns Compared

Biotech SG&A Spending: ADMA vs. Amicus

__timestampADMA Biologics, Inc.Amicus Therapeutics, Inc.
Wednesday, January 1, 2014482386920717000
Thursday, January 1, 2015674596847269000
Friday, January 1, 2016849474271151000
Sunday, January 1, 20171809283588671000
Monday, January 1, 201822502922127200000
Tuesday, January 1, 201925910757169861000
Wednesday, January 1, 202035050817156407000
Friday, January 1, 202142896889192710000
Saturday, January 1, 202252458024213041000
Sunday, January 1, 202359020000275270000
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Infusing magic into the data realm

SG&A Spending Patterns: A Tale of Two Biotech Firms

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025