Breaking Down SG&A Expenses: Apellis Pharmaceuticals, Inc. vs Ligand Pharmaceuticals Incorporated

SG&A Expenses: Apellis vs. Ligand - A Decade of Change

__timestampApellis Pharmaceuticals, Inc.Ligand Pharmaceuticals Incorporated
Wednesday, January 1, 2014290816622570000
Thursday, January 1, 2015635678224378000
Friday, January 1, 2016430374326621000
Sunday, January 1, 20171046315128653000
Monday, January 1, 20182263918437734000
Tuesday, January 1, 20196704648341884000
Wednesday, January 1, 202013940100064435000
Friday, January 1, 202117677100057483000
Saturday, January 1, 202227716300070062000
Sunday, January 1, 202350081500052790000
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Unlocking the unknown

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

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Apellis Pharmaceuticals, Inc. and Ligand Pharmaceuticals Incorporated have shown contrasting trends in their SG&A expenditures. From 2014 to 2023, Apellis saw a staggering increase of over 17,000% in their SG&A expenses, peaking at approximately $500 million in 2023. This reflects their aggressive expansion and investment in marketing and administrative capabilities. In contrast, Ligand Pharmaceuticals maintained a more stable trajectory, with expenses fluctuating modestly around $50 million to $70 million annually. This stability suggests a more conservative approach, focusing on steady growth and cost management. As the pharmaceutical landscape evolves, these financial strategies highlight the diverse paths companies take to achieve success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025