BeiGene, Ltd. vs CymaBay Therapeutics, Inc.: SG&A Expense Trends

Biotech Giants: Diverging SG&A Expense Paths

__timestampBeiGene, Ltd.CymaBay Therapeutics, Inc.
Wednesday, January 1, 201469300008185000
Thursday, January 1, 201573110008871000
Friday, January 1, 2016200970009645000
Sunday, January 1, 20176260200012387000
Monday, January 1, 201819538500014381000
Tuesday, January 1, 201938824900019238000
Wednesday, January 1, 202060017600017425000
Friday, January 1, 202199012300023040000
Saturday, January 1, 2022127785200025116000
Sunday, January 1, 2023150450100051953000
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Unlocking the unknown

SG&A Expense Trends: BeiGene, Ltd. vs CymaBay Therapeutics, Inc.

In the dynamic world of biotechnology, understanding financial trends is crucial. Over the past decade, BeiGene, Ltd. and CymaBay Therapeutics, Inc. have shown contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, BeiGene's SG&A expenses skyrocketed by over 21,500%, reflecting its aggressive expansion and operational scaling. In contrast, CymaBay's expenses grew by a modest 535%, indicating a more conservative growth strategy. By 2023, BeiGene's SG&A expenses were approximately 29 times higher than CymaBay's, highlighting its significant investment in administrative and sales functions. This divergence underscores the varied strategic approaches within the biotech sector, where companies balance between rapid growth and sustainable development. As the industry evolves, these financial insights provide a window into the strategic priorities of leading biotech firms.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025