ADMA Biologics, Inc. and Xenon Pharmaceuticals Inc.: SG&A Spending Patterns Compared

Biotech Giants' SG&A Spending: A Decade of Divergence

__timestampADMA Biologics, Inc.Xenon Pharmaceuticals Inc.
Wednesday, January 1, 201448238695496000
Thursday, January 1, 201567459689786000
Friday, January 1, 201684947426792000
Sunday, January 1, 2017180928357313000
Monday, January 1, 2018225029228382000
Tuesday, January 1, 20192591075710803000
Wednesday, January 1, 20203505081712944000
Friday, January 1, 20214289688921967000
Saturday, January 1, 20225245802432810000
Sunday, January 1, 20235902000046542000
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Cracking the code

SG&A Spending Trends: ADMA Biologics vs. Xenon Pharmaceuticals

In the competitive landscape of biotechnology, understanding spending patterns is crucial. Over the past decade, ADMA Biologics, Inc. and Xenon Pharmaceuticals Inc. have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, ADMA Biologics increased its SG&A spending by over 1,100%, peaking at nearly $59 million in 2023. In contrast, Xenon Pharmaceuticals saw a more moderate rise of approximately 750%, reaching around $46 million in the same year. This divergence highlights ADMA's aggressive expansion strategy compared to Xenon's more conservative approach. Notably, both companies experienced significant growth in SG&A expenses post-2020, reflecting broader industry trends towards increased operational investments. These insights provide a window into the strategic priorities of these biotech firms, offering valuable lessons for stakeholders and investors alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025