BioMarin Pharmaceutical Inc. vs Exelixis, Inc.: SG&A Expense Trends

Biotech Giants' SG&A Expenses: A Decade of Growth

__timestampBioMarin Pharmaceutical Inc.Exelixis, Inc.
Wednesday, January 1, 201430215600050829000
Thursday, January 1, 201540227100057305000
Friday, January 1, 2016476593000116145000
Sunday, January 1, 2017554336000159362000
Monday, January 1, 2018604353000206366000
Tuesday, January 1, 2019680924000228244000
Wednesday, January 1, 2020737669000293355000
Friday, January 1, 2021759375000401715000
Saturday, January 1, 2022854009000459856000
Sunday, January 1, 2023937300000542705000
Monday, January 1, 20241009025000492128000
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Unveiling the hidden dimensions of data

SG&A Expense Trends: BioMarin vs. Exelixis

In the competitive landscape of biotechnology, understanding the financial strategies of leading companies is crucial. Over the past decade, BioMarin Pharmaceutical Inc. and Exelixis, 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 a strategic investment in growth and market expansion. In contrast, Exelixis experienced a remarkable 970% increase, indicating a significant scaling of operations and market presence.

BioMarin's steady rise in expenses, peaking at $937 million in 2023, underscores its commitment to maintaining a robust administrative framework. Meanwhile, Exelixis's expenses, reaching $543 million in the same year, highlight its aggressive expansion strategy. These trends offer a window into the operational priorities of these biotech giants, providing valuable insights for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025