Bio-Techne Corporation vs Iovance Biotherapeutics, Inc.: SG&A Expense Trends

Biotech SG&A Expenses: A Decade of Growth and Strategy

__timestampBio-Techne CorporationIovance Biotherapeutics, Inc.
Wednesday, January 1, 2014607160009335772
Thursday, January 1, 201511940100012390000
Friday, January 1, 201614087900025602000
Sunday, January 1, 201719924300021262000
Monday, January 1, 201824063600028430000
Tuesday, January 1, 201926435900040849000
Wednesday, January 1, 202026058300060210000
Friday, January 1, 202132495100083664000
Saturday, January 1, 2022372766000104097000
Sunday, January 1, 2023378378000106916000
Monday, January 1, 2024396826000
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Cracking the code

SG&A Expense Trends in the Biotech Sector

In the dynamic world of biotechnology, understanding financial trends is crucial for investors and stakeholders. This analysis focuses on the Selling, General, and Administrative (SG&A) expenses of two prominent companies: Bio-Techne Corporation and Iovance Biotherapeutics, Inc., from 2014 to 2023.

Bio-Techne Corporation has shown a consistent upward trend in SG&A expenses, increasing by over 550% from 2014 to 2023. This growth reflects the company's expanding operations and strategic investments in research and development. In contrast, Iovance Biotherapeutics, Inc. experienced a staggering 1,045% increase in SG&A expenses over the same period, highlighting its aggressive growth strategy and market expansion efforts.

While Bio-Techne's expenses peaked in 2024, Iovance's data for 2024 is unavailable, indicating potential volatility or strategic shifts. 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