Breaking Down SG&A Expenses: Ascendis Pharma A/S vs Corcept Therapeutics Incorporated

SG&A Expenses: Ascendis vs. Corcept - A Decade of Growth

__timestampAscendis Pharma A/SCorcept Therapeutics Incorporated
Wednesday, January 1, 2014627400034916000
Thursday, January 1, 2015941500036949000
Friday, January 1, 20161150400045240000
Sunday, January 1, 20171348200062416000
Monday, January 1, 20182505700081289000
Tuesday, January 1, 201948473000100359000
Wednesday, January 1, 202076669000105326000
Friday, January 1, 2021160180000122356000
Saturday, January 1, 2022221227000152848000
Sunday, January 1, 2023264410000184259000
Monday, January 1, 2024284545000
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Unleashing insights

SG&A Expenses: A Tale of Two Biopharma Companies

In the competitive world of biopharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for sustainable growth. Ascendis Pharma A/S and Corcept Therapeutics Incorporated, two prominent players, have shown distinct trajectories in their SG&A spending from 2014 to 2023. Ascendis Pharma's SG&A expenses have skyrocketed by over 4,100% during this period, reflecting their aggressive expansion and investment in new therapies. In contrast, Corcept Therapeutics has seen a more moderate increase of approximately 430%, indicating a steady growth strategy.

Key Insights

  • 2014-2018: Ascendis Pharma's SG&A expenses grew modestly, while Corcept Therapeutics maintained a consistent upward trend.
  • 2019-2023: Ascendis Pharma's expenses surged, particularly in 2021, marking a pivotal year with a 109% increase from the previous year.

These trends highlight the strategic differences in how these companies allocate resources to support their growth ambitions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025