| __timestamp | Amicus Therapeutics, Inc. | Apellis Pharmaceuticals, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 20717000 | 2908166 |
| Thursday, January 1, 2015 | 47269000 | 6356782 |
| Friday, January 1, 2016 | 71151000 | 4303743 |
| Sunday, January 1, 2017 | 88671000 | 10463151 |
| Monday, January 1, 2018 | 127200000 | 22639184 |
| Tuesday, January 1, 2019 | 169861000 | 67046483 |
| Wednesday, January 1, 2020 | 156407000 | 139401000 |
| Friday, January 1, 2021 | 192710000 | 176771000 |
| Saturday, January 1, 2022 | 213041000 | 277163000 |
| Sunday, January 1, 2023 | 275270000 | 500815000 |
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, Apellis Pharmaceuticals, Inc. and Amicus Therapeutics, Inc. have demonstrated contrasting SG&A spending patterns. From 2014 to 2023, Amicus saw a steady increase in SG&A expenses, growing by approximately 1,230%, reflecting its strategic investments in market expansion and operational efficiency. Meanwhile, Apellis exhibited a more dramatic rise, with SG&A expenses skyrocketing by over 17,000% during the same period, indicating aggressive scaling and market penetration efforts. By 2023, Apellis's SG&A expenses were nearly double those of Amicus, highlighting its rapid growth trajectory. These trends underscore the dynamic nature of the biotech industry, where financial strategies are as crucial as scientific innovation.
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