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

SG&A Expenses: BeiGene's Surge vs. Amphastar's Steady Growth

__timestampAmphastar Pharmaceuticals, Inc.BeiGene, Ltd.
Wednesday, January 1, 2014403730006930000
Thursday, January 1, 2015469740007311000
Friday, January 1, 20164729800020097000
Sunday, January 1, 20175091800062602000
Monday, January 1, 201858044000195385000
Tuesday, January 1, 201963109000388249000
Wednesday, January 1, 202065157000600176000
Friday, January 1, 202168920000990123000
Saturday, January 1, 2022665920001277852000
Sunday, January 1, 2023803930001504501000
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Unveiling the hidden dimensions of data

A Tale of Two Biopharma Giants: SG&A Expenses Over Time

In the competitive world of biopharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. From 2014 to 2023, BeiGene, Ltd. and Amphastar Pharmaceuticals, Inc. have shown contrasting trends in their SG&A expenditures. BeiGene's SG&A expenses skyrocketed by over 21,000%, from a modest $6.93 million in 2014 to a staggering $1.5 billion in 2023. This reflects their aggressive expansion and investment in research and development. In contrast, Amphastar's expenses grew by approximately 99%, from $40 million to $80 million, indicating a more conservative growth strategy. This divergence highlights the different paths these companies have taken in the biopharma landscape. As BeiGene continues to invest heavily in its future, Amphastar's steady approach may offer a more sustainable model in the long run.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025