ADMA Biologics, Inc. vs Ligand Pharmaceuticals Incorporated: SG&A Expense Trends

Biopharma SG&A Trends: ADMA vs. Ligand

__timestampADMA Biologics, Inc.Ligand Pharmaceuticals Incorporated
Wednesday, January 1, 2014482386922570000
Thursday, January 1, 2015674596824378000
Friday, January 1, 2016849474226621000
Sunday, January 1, 20171809283528653000
Monday, January 1, 20182250292237734000
Tuesday, January 1, 20192591075741884000
Wednesday, January 1, 20203505081764435000
Friday, January 1, 20214289688957483000
Saturday, January 1, 20225245802470062000
Sunday, January 1, 20235902000052790000
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Unlocking the unknown

SG&A Expense Trends: ADMA Biologics vs. Ligand Pharmaceuticals

In the competitive landscape of biopharmaceuticals, understanding financial trends is crucial. Over the past decade, from 2014 to 2023, ADMA Biologics, Inc. and Ligand Pharmaceuticals Incorporated have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. ADMA Biologics has seen a remarkable increase, with expenses growing by over 1,100%, from approximately $4.8 million in 2014 to nearly $59 million in 2023. This reflects their aggressive expansion and investment in operational capabilities. In contrast, Ligand Pharmaceuticals, while starting with higher expenses, saw a more moderate increase of about 134%, peaking in 2022 before a slight decline in 2023. This suggests a strategic shift towards efficiency and cost management. These trends highlight the differing strategies of these companies in navigating the dynamic biopharma sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025