Breaking Down SG&A Expenses: Alpine Immune Sciences, Inc. vs Vericel Corporation

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

__timestampAlpine Immune Sciences, Inc.Vericel Corporation
Wednesday, January 1, 2014228770913774000
Thursday, January 1, 2015684400022479000
Friday, January 1, 2016858600027388000
Sunday, January 1, 2017607900035610000
Monday, January 1, 2018836200049007000
Tuesday, January 1, 2019946700061139000
Wednesday, January 1, 20201089900068836000
Friday, January 1, 20211456000097592000
Saturday, January 1, 202217968000106903000
Sunday, January 1, 202322222000120998000
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Data in motion

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

In the competitive landscape of biotechnology, understanding financial health is crucial. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Alpine Immune Sciences, Inc. and Vericel Corporation from 2014 to 2023. Over this period, Vericel's SG&A expenses surged by approximately 780%, peaking at $121 million in 2023. In contrast, Alpine Immune Sciences saw a more modest increase of around 870%, reaching $22 million in the same year.

Key Insights

  • 2014-2018: Vericel consistently outspent Alpine, with expenses growing from $14 million to $49 million, while Alpine's expenses rose from $2 million to $8 million.
  • 2019-2023: Both companies experienced significant growth, but Vericel's expenses grew at a faster pace, highlighting its aggressive market expansion strategy.

This financial trajectory underscores the strategic differences between these two biotech players, offering insights into their operational priorities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025