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

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

__timestampAmicus Therapeutics, Inc.Apellis Pharmaceuticals, Inc.
Wednesday, January 1, 2014207170002908166
Thursday, January 1, 2015472690006356782
Friday, January 1, 2016711510004303743
Sunday, January 1, 20178867100010463151
Monday, January 1, 201812720000022639184
Tuesday, January 1, 201916986100067046483
Wednesday, January 1, 2020156407000139401000
Friday, January 1, 2021192710000176771000
Saturday, January 1, 2022213041000277163000
Sunday, January 1, 2023275270000500815000
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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, 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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025