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

Biotech SG&A: Amicus vs. Soleno's Strategic Spending

__timestampAmicus Therapeutics, Inc.Soleno Therapeutics, Inc.
Wednesday, January 1, 2014207170002917513
Thursday, January 1, 2015472690007878291
Friday, January 1, 2016711510008366794
Sunday, January 1, 2017886710006610381
Monday, January 1, 20181272000006556000
Tuesday, January 1, 20191698610006930000
Wednesday, January 1, 20201564070008758000
Friday, January 1, 202119271000010806000
Saturday, January 1, 20222130410009844000
Sunday, January 1, 202327527000013481000
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Igniting the spark of knowledge

SG&A Spending Patterns: A Tale of Two Biotechs

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025