Agios Pharmaceuticals, Inc. vs Novavax, Inc.: SG&A Expense Trends

Biotech Giants' SG&A Expenses: A Decade of Growth and Change

__timestampAgios Pharmaceuticals, Inc.Novavax, Inc.
Wednesday, January 1, 20141912000019928000
Thursday, January 1, 20153599200030842000
Friday, January 1, 20165071400046527000
Sunday, January 1, 20177112400034451000
Monday, January 1, 201811414500034409000
Tuesday, January 1, 201913203400034417000
Wednesday, January 1, 2020149070000145290000
Friday, January 1, 2021121445000298358000
Saturday, January 1, 2022121673000488691000
Sunday, January 1, 2023119903000468946000
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Unveiling the hidden dimensions of data

SG&A Expense Trends: Agios Pharmaceuticals vs. Novavax

In the ever-evolving landscape of biotechnology, understanding financial trends is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Agios Pharmaceuticals and Novavax from 2014 to 2023. Over this period, Agios Pharmaceuticals saw a steady increase in SG&A expenses, peaking in 2020 with a 680% rise from 2014. Meanwhile, Novavax experienced a dramatic surge, especially from 2020 onwards, with expenses skyrocketing by over 2,250% by 2022. This sharp increase coincides with Novavax's pivotal role in the COVID-19 vaccine race, highlighting the financial demands of rapid scaling. By 2023, Novavax's SG&A expenses were nearly four times those of Agios, reflecting its expanded operations. These trends underscore the financial dynamics of biotech firms as they navigate innovation and market demands.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025