Breaking Down SG&A Expenses: Alnylam Pharmaceuticals, Inc. vs Summit Therapeutics Inc.

Biotech Giants: Alnylam vs. Summit SG&A Expense Trends

__timestampAlnylam Pharmaceuticals, Inc.Summit Therapeutics Inc.
Wednesday, January 1, 2014445260006795238
Thursday, January 1, 2015606100007454247
Friday, January 1, 20168935400010345862
Sunday, January 1, 201719936500016984203
Monday, January 1, 201838235900016187290
Tuesday, January 1, 20194790050009299233.54
Wednesday, January 1, 202058842000019232000
Friday, January 1, 202162063900023611000
Saturday, January 1, 202277065800026700000
Sunday, January 1, 202379564600028215000
Monday, January 1, 2024975526000
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Unleashing the power of data

A Tale of Two Biotechs: SG&A Expenses Over Time

In the competitive world of biotechnology, managing expenses is crucial for success. Alnylam Pharmaceuticals, Inc. and Summit Therapeutics Inc. offer a fascinating study in contrasts when it comes to Selling, General, and Administrative (SG&A) expenses from 2014 to 2023. Alnylam's SG&A expenses have surged by over 1,600%, reflecting its aggressive growth strategy and expansion efforts. In contrast, Summit Therapeutics has maintained a more conservative approach, with expenses increasing by approximately 315% over the same period.

Key Insights

  • Alnylam Pharmaceuticals: Starting at just 4.5% of its 2023 expenses in 2014, Alnylam's SG&A costs have consistently risen, peaking at nearly $800 million in 2023.
  • Summit Therapeutics: Despite a more modest increase, Summit's expenses have grown steadily, reaching around $28 million in 2023.

This divergence highlights the varied strategies companies employ to navigate the biotech landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025