Breaking Down SG&A Expenses: Amphastar Pharmaceuticals, Inc. vs Novavax, Inc.

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

__timestampAmphastar Pharmaceuticals, Inc.Novavax, Inc.
Wednesday, January 1, 20144037300019928000
Thursday, January 1, 20154697400030842000
Friday, January 1, 20164729800046527000
Sunday, January 1, 20175091800034451000
Monday, January 1, 20185804400034409000
Tuesday, January 1, 20196310900034417000
Wednesday, January 1, 202065157000145290000
Friday, January 1, 202168920000298358000
Saturday, January 1, 202266592000488691000
Sunday, January 1, 202380393000468946000
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Unlocking the unknown

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

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Amphastar Pharmaceuticals, Inc. and Novavax, Inc. offer a fascinating study in contrasts from 2014 to 2023. Amphastar's SG&A expenses grew steadily, peaking at approximately 80 million in 2023, a 99% increase from 2014. Meanwhile, Novavax's expenses skyrocketed, especially post-2020, reaching nearly 490 million in 2022, a staggering 2,350% rise from 2014. This surge coincides with Novavax's pivotal role in COVID-19 vaccine development, highlighting how strategic shifts can dramatically impact financials. Amphastar's more consistent growth reflects a stable business model, while Novavax's volatility underscores the high stakes of innovation. Understanding these trends offers valuable insights into the financial strategies of biotech firms navigating a rapidly evolving landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025