Amgen Inc. and Protagonist Therapeutics, Inc.: SG&A Spending Patterns Compared

Biotech Giants: Amgen vs. Protagonist SG&A Trends

__timestampAmgen Inc.Protagonist Therapeutics, Inc.
Wednesday, January 1, 201446990000001860000
Thursday, January 1, 201548460000002963000
Friday, January 1, 201650620000006961000
Sunday, January 1, 2017487000000011779000
Monday, January 1, 2018533200000013697000
Tuesday, January 1, 2019515000000015749000
Wednesday, January 1, 2020573000000018638000
Friday, January 1, 2021536800000027196000
Saturday, January 1, 2022541400000031739000
Sunday, January 1, 2023617900000033491000
Monday, January 1, 20247096000000
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Unlocking the unknown

A Tale of Two Companies: SG&A Spending Patterns

In the world of biotechnology, Amgen Inc. and Protagonist Therapeutics, Inc. present a fascinating study in contrasts. Over the past decade, Amgen's Selling, General, and Administrative (SG&A) expenses have consistently dwarfed those of Protagonist, reflecting its established market presence. In 2023, Amgen's SG&A expenses reached a staggering $6.2 billion, marking a 31% increase since 2014. Meanwhile, Protagonist's expenses, though modest in comparison, have shown a remarkable growth trajectory, surging by over 1,700% from 2014 to 2023. This dramatic rise underscores Protagonist's aggressive expansion strategy as it seeks to carve out its niche in the competitive biotech landscape. The data reveals not just financial figures but a narrative of growth, ambition, and the contrasting paths of a biotech giant and an emerging player.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025