Bausch Health Companies Inc. vs Iovance Biotherapeutics, Inc.: SG&A Expense Trends

SG&A Expenses: Bausch vs. Iovance - A Decade of Divergence

__timestampBausch Health Companies Inc.Iovance Biotherapeutics, Inc.
Wednesday, January 1, 201420263000009335772
Thursday, January 1, 2015268270000012390000
Friday, January 1, 2016281000000025602000
Sunday, January 1, 2017258200000021262000
Monday, January 1, 2018247300000028430000
Tuesday, January 1, 2019255400000040849000
Wednesday, January 1, 2020236700000060210000
Friday, January 1, 2021262400000083664000
Saturday, January 1, 20222625000000104097000
Sunday, January 1, 20232917000000106916000
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SG&A Expense Trends: A Tale of Two Companies

In the world of pharmaceuticals and biotechnology, managing expenses is crucial for sustainable growth. Bausch Health Companies Inc. and Iovance Biotherapeutics, Inc. offer a fascinating study in contrasts over the past decade. From 2014 to 2023, Bausch Health's Selling, General, and Administrative (SG&A) expenses have shown a steady increase, peaking at nearly 2.9 billion USD in 2023, a 44% rise from 2014. In contrast, Iovance Biotherapeutics, a smaller player, has seen its SG&A expenses grow exponentially, from under 10 million USD in 2014 to over 106 million USD in 2023, marking a staggering 1,038% increase. This divergence highlights the different growth trajectories and strategic priorities of these companies. While Bausch Health focuses on maintaining its market position, Iovance is aggressively investing in its future, reflecting broader industry trends in innovation and expansion.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025