Apellis Pharmaceuticals, Inc. or Travere Therapeutics, Inc.: Who Manages SG&A Costs Better?

SG&A Cost Management: Apellis vs. Travere

__timestampApellis Pharmaceuticals, Inc.Travere Therapeutics, Inc.
Wednesday, January 1, 2014290816659644696
Thursday, January 1, 2015635678279541000
Friday, January 1, 2016430374398015000
Sunday, January 1, 201710463151103958000
Monday, January 1, 201822639184103654000
Tuesday, January 1, 201967046483128951000
Wednesday, January 1, 2020139401000135799000
Friday, January 1, 2021176771000149883000
Saturday, January 1, 2022277163000220206000
Sunday, January 1, 2023500815000265542000
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In pursuit of knowledge

Who Manages SG&A Costs Better: Apellis Pharmaceuticals or Travere Therapeutics?

In the competitive landscape of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Apellis Pharmaceuticals and Travere Therapeutics have shown distinct trends in their SG&A expenditures. From 2014 to 2023, Apellis Pharmaceuticals saw a staggering increase in SG&A costs, rising from approximately $3 million to over $500 million, marking a growth of over 16,000%. In contrast, Travere Therapeutics experienced a more moderate increase, with expenses growing from around $60 million to $266 million, a rise of about 340%.

While both companies have seen their SG&A costs rise, the rate of increase for Apellis Pharmaceuticals is significantly higher. This could indicate aggressive expansion strategies or inefficiencies in cost management. Investors and stakeholders should consider these trends when evaluating the financial health and strategic direction of these companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025