Breaking Down SG&A Expenses: Ascendis Pharma A/S vs Blueprint Medicines Corporation

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

__timestampAscendis Pharma A/SBlueprint Medicines Corporation
Wednesday, January 1, 201462740007890000
Thursday, January 1, 2015941500014456000
Friday, January 1, 20161150400019218000
Sunday, January 1, 20171348200027986000
Monday, January 1, 20182505700047928000
Tuesday, January 1, 20194847300096388000
Wednesday, January 1, 202076669000157743000
Friday, January 1, 2021160180000195293000
Saturday, January 1, 2022221227000237374000
Sunday, January 1, 2023264410000295141000
Monday, January 1, 2024284545000359272000
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Unveiling the hidden dimensions of data

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

In the competitive world of biotechnology, managing expenses is crucial for success. Ascendis Pharma A/S and Blueprint Medicines Corporation, two prominent players, have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. Starting in 2014, both companies had modest SG&A expenses, with Ascendis Pharma at approximately $6.3 million and Blueprint Medicines slightly higher at $7.9 million. Fast forward to 2023, and these figures have skyrocketed, with Ascendis Pharma's expenses increasing by over 4,000% to $264 million, while Blueprint Medicines saw a similar surge, reaching nearly $295 million. This growth reflects their aggressive expansion strategies and the increasing costs associated with scaling operations. As these companies continue to innovate, monitoring their SG&A expenses will be key to understanding their financial health and strategic priorities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025