BioMarin Pharmaceutical Inc. and ACADIA Pharmaceuticals Inc.: SG&A Spending Patterns Compared

BioMarin vs. ACADIA: SG&A Spending Trends Unveiled

__timestampACADIA Pharmaceuticals Inc.BioMarin Pharmaceutical Inc.
Wednesday, January 1, 201432748000302156000
Thursday, January 1, 201590804000402271000
Friday, January 1, 2016186456000476593000
Sunday, January 1, 2017255062000554336000
Monday, January 1, 2018265758000604353000
Tuesday, January 1, 2019325638000680924000
Wednesday, January 1, 2020388661000737669000
Friday, January 1, 2021396028000759375000
Saturday, January 1, 2022369090000854009000
Sunday, January 1, 2023402466000937300000
Monday, January 1, 20241009025000
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Data in motion

SG&A Spending Trends: BioMarin vs. ACADIA Pharmaceuticals

In the competitive landscape of pharmaceuticals, understanding spending patterns is crucial. Over the past decade, BioMarin Pharmaceutical Inc. and ACADIA Pharmaceuticals Inc. have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, BioMarin's SG&A expenses surged by approximately 210%, reflecting its aggressive growth strategy. In contrast, ACADIA's expenses increased by about 1,130%, indicating a rapid expansion phase.

Key Insights

  • BioMarin's Steady Growth: Starting at $302 million in 2014, BioMarin's SG&A expenses reached $937 million by 2023, showcasing a consistent upward trajectory.
  • ACADIA's Rapid Expansion: ACADIA's expenses grew from $33 million in 2014 to $402 million in 2023, highlighting its dynamic market approach.

These trends underscore the strategic priorities of each company, with BioMarin focusing on steady growth and ACADIA on rapid expansion.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025