Alnylam Pharmaceuticals, Inc. and Amicus Therapeutics, Inc.: SG&A Spending Patterns Compared

Biotech Giants: Alnylam vs. Amicus SG&A Trends

__timestampAlnylam Pharmaceuticals, Inc.Amicus Therapeutics, Inc.
Wednesday, January 1, 20144452600020717000
Thursday, January 1, 20156061000047269000
Friday, January 1, 20168935400071151000
Sunday, January 1, 201719936500088671000
Monday, January 1, 2018382359000127200000
Tuesday, January 1, 2019479005000169861000
Wednesday, January 1, 2020588420000156407000
Friday, January 1, 2021620639000192710000
Saturday, January 1, 2022770658000213041000
Sunday, January 1, 2023795646000275270000
Monday, January 1, 2024975526000
Loading chart...

Infusing magic into the data realm

SG&A Spending Patterns: Alnylam vs. Amicus

In the competitive landscape of biotechnology, understanding spending patterns is crucial. Alnylam Pharmaceuticals and Amicus Therapeutics, two prominent players, have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Alnylam's SG&A expenses surged by over 1,600%, reflecting its aggressive growth strategy. In contrast, Amicus's expenses increased by approximately 1,200%, indicating a more measured approach.

A Decade of Growth

Alnylam's spending peaked in 2023, with expenses nearly quadrupling since 2018. This rapid increase underscores its commitment to expanding its market presence. Meanwhile, Amicus's expenses, though lower, have steadily climbed, highlighting its focus on sustainable growth. The data reveals a fascinating narrative of strategic financial management in the biotech sector, offering insights into how these companies prioritize their resources to drive innovation and market expansion.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025