Axsome Therapeutics, Inc. and Arrowhead Pharmaceuticals, Inc.: SG&A Spending Patterns Compared

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

__timestampArrowhead Pharmaceuticals, Inc.Axsome Therapeutics, Inc.
Wednesday, January 1, 2014244195361392830
Thursday, January 1, 2015347180892419289
Friday, January 1, 2016409982096343648
Sunday, January 1, 2017320228807206691
Monday, January 1, 2018191100519351522
Tuesday, January 1, 20192655625713598030
Wednesday, January 1, 20205227589028896749
Friday, January 1, 20218098100066646205
Saturday, January 1, 2022124431000159253661
Sunday, January 1, 202390932000323123000
Monday, January 1, 202498761000
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Unleashing insights

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, Arrowhead Pharmaceuticals, Inc. and Axsome Therapeutics, Inc. have demonstrated contrasting SG&A spending patterns.

Arrowhead Pharmaceuticals has shown a steady increase in SG&A expenses, peaking in 2022 with a 400% rise from 2014. This consistent growth reflects their strategic investments in administrative capabilities and market expansion. In contrast, Axsome Therapeutics experienced a dramatic surge in 2023, with SG&A expenses skyrocketing by over 23,000% since 2014. This spike suggests a significant shift in their operational strategy, possibly linked to new product launches or market penetration efforts.

Interestingly, while Arrowhead's 2024 data remains robust, Axsome's figures are missing, leaving room for speculation on their future financial strategies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025