__timestamp | Amicus Therapeutics, Inc. | Soleno Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 20717000 | 2917513 |
Thursday, January 1, 2015 | 47269000 | 7878291 |
Friday, January 1, 2016 | 71151000 | 8366794 |
Sunday, January 1, 2017 | 88671000 | 6610381 |
Monday, January 1, 2018 | 127200000 | 6556000 |
Tuesday, January 1, 2019 | 169861000 | 6930000 |
Wednesday, January 1, 2020 | 156407000 | 8758000 |
Friday, January 1, 2021 | 192710000 | 10806000 |
Saturday, January 1, 2022 | 213041000 | 9844000 |
Sunday, January 1, 2023 | 275270000 | 13481000 |
Igniting the spark of knowledge
In the competitive world of biotechnology, strategic spending on Selling, General, and Administrative (SG&A) expenses can be a key differentiator. Over the past decade, Amicus Therapeutics, Inc. and Soleno Therapeutics, Inc. have demonstrated contrasting approaches. From 2014 to 2023, Amicus Therapeutics increased its SG&A expenses by over 1,200%, peaking at approximately $275 million in 2023. This aggressive spending reflects their commitment to expanding market reach and operational capabilities. In contrast, Soleno Therapeutics maintained a more conservative growth, with SG&A expenses rising by about 360% to $13.5 million in the same period. This cautious approach may indicate a focus on lean operations and targeted investments. These spending patterns highlight the diverse strategies within the biotech sector, where companies must balance growth ambitions with financial prudence.
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