argenx SE and Ionis Pharmaceuticals, Inc.: SG&A Spending Patterns Compared

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

__timestampIonis Pharmaceuticals, Inc.argenx SE
Wednesday, January 1, 2014201400004241601.57
Thursday, January 1, 2015371730005392385.38
Friday, January 1, 2016486160007370036.73
Sunday, January 1, 201710848800014970357
Monday, January 1, 201824462200031413266
Tuesday, January 1, 201928700000072279461
Wednesday, January 1, 2020354000000183907682
Friday, January 1, 2021186000000307644000
Saturday, January 1, 2022151000000472132000
Sunday, January 1, 2023232600000709539000
Monday, January 1, 2024267474000
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SG&A Spending Patterns: A Tale of Two Biotech Giants

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, Ionis Pharmaceuticals, Inc. and argenx SE have demonstrated contrasting approaches to SG&A expenditures. From 2014 to 2023, Ionis Pharmaceuticals saw a steady increase in SG&A spending, peaking in 2020 with a 1,660% rise from 2014 levels. However, their spending saw a decline post-2020, dropping by 57% by 2022. In contrast, argenx SE's SG&A expenses skyrocketed, especially from 2018 onwards, culminating in a staggering 16,600% increase by 2023 compared to 2014. This divergence highlights argenx SE's aggressive expansion strategy, while Ionis Pharmaceuticals appears to be optimizing its operational costs. As these companies continue to evolve, their SG&A strategies will likely play a pivotal role in shaping their market positions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025