Blueprint Medicines Corporation and MorphoSys AG: SG&A Spending Patterns Compared

Biotech Giants' SG&A Strategies: Aggressive vs. Conservative

__timestampBlueprint Medicines CorporationMorphoSys AG
Wednesday, January 1, 201478900009689000
Thursday, January 1, 20151445600010431000
Friday, January 1, 2016192180009618000
Sunday, January 1, 20172798600012348000
Monday, January 1, 20184792800028310241
Tuesday, January 1, 20199638800059336147
Wednesday, January 1, 2020157743000159145941
Friday, January 1, 2021195293000199800000
Saturday, January 1, 202223737400090225000
Sunday, January 1, 202329514100092538000
Monday, January 1, 2024359272000
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Cracking the code

SG&A Spending Patterns: A Tale of Two Biotech Giants

In the competitive world of biotechnology, strategic spending on Selling, General, and Administrative (SG&A) expenses can be a key differentiator. Over the past decade, Blueprint Medicines Corporation and MorphoSys AG have demonstrated contrasting approaches to SG&A expenditures. From 2014 to 2023, Blueprint Medicines saw a staggering increase of over 3,600% in SG&A expenses, peaking at nearly $295 million in 2023. This aggressive spending reflects their commitment to expanding market reach and operational capabilities. In contrast, MorphoSys AG's SG&A expenses grew by approximately 850% during the same period, reaching around $92 million in 2023. This more conservative approach suggests a focus on sustainable growth and cost management. As these companies continue to evolve, their SG&A strategies will likely play a pivotal role in shaping their competitive landscapes.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025