Bio-Techne Corporation and Ionis Pharmaceuticals, Inc.: SG&A Spending Patterns Compared

Biotech SG&A Trends: Bio-Techne vs. Ionis

__timestampBio-Techne CorporationIonis Pharmaceuticals, Inc.
Wednesday, January 1, 20146071600020140000
Thursday, January 1, 201511940100037173000
Friday, January 1, 201614087900048616000
Sunday, January 1, 2017199243000108488000
Monday, January 1, 2018240636000244622000
Tuesday, January 1, 2019264359000287000000
Wednesday, January 1, 2020260583000354000000
Friday, January 1, 2021324951000186000000
Saturday, January 1, 2022372766000151000000
Sunday, January 1, 2023378378000232600000
Monday, January 1, 2024396826000267474000
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Igniting the spark of knowledge

SG&A Spending Trends in Biotech: A Comparative Analysis

In the dynamic world of biotechnology, understanding financial trends is crucial for investors and stakeholders. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Bio-Techne Corporation and Ionis Pharmaceuticals, Inc. over the past decade. From 2014 to 2023, Bio-Techne's SG&A expenses surged by over 550%, reflecting a strategic expansion and increased operational activities. In contrast, Ionis Pharmaceuticals experienced a more volatile pattern, with a peak in 2020, where their SG&A expenses were approximately 36% higher than Bio-Techne's. However, by 2023, Ionis's expenses had decreased by about 34% from their 2020 peak, indicating a possible shift in their operational strategy. Notably, data for 2024 is incomplete, highlighting the need for ongoing analysis. These insights provide a window into the financial health and strategic priorities of these biotech giants.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025