Alnylam Pharmaceuticals, Inc. vs Cytokinetics, Incorporated: SG&A Expense Trends

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

__timestampAlnylam Pharmaceuticals, Inc.Cytokinetics, Incorporated
Wednesday, January 1, 20144452600017268000
Thursday, January 1, 20156061000019667000
Friday, January 1, 20168935400027823000
Sunday, January 1, 201719936500036468000
Monday, January 1, 201838235900031282000
Tuesday, January 1, 201947900500039610000
Wednesday, January 1, 202058842000052820000
Friday, January 1, 202162063900096803000
Saturday, January 1, 2022770658000177977000
Sunday, January 1, 2023795646000173612000
Monday, January 1, 2024975526000
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Data in motion

SG&A Expense Trends: Alnylam Pharmaceuticals vs. Cytokinetics

In the competitive landscape of biotechnology, understanding the financial strategies of leading companies is crucial. Alnylam Pharmaceuticals, Inc. and Cytokinetics, Incorporated 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 approximately 1,700%, reflecting its aggressive expansion and investment in administrative capabilities. In contrast, Cytokinetics experienced a more modest increase of around 900% during the same period, indicating a more conservative growth strategy.

Alnylam's expenses peaked in 2023, reaching nearly 800% of its 2014 levels, while Cytokinetics saw its highest expenses in 2022, with a slight dip in 2023. These trends highlight the differing approaches of these companies in managing operational costs amidst evolving market dynamics. Investors and industry analysts should consider these financial strategies when evaluating the long-term potential of these biotech firms.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025