Breaking Down SG&A Expenses: BioMarin Pharmaceutical Inc. vs TG Therapeutics, Inc.

SG&A Expenses: BioMarin's Growth vs. TG Therapeutics' Strategy

__timestampBioMarin Pharmaceutical Inc.TG Therapeutics, Inc.
Wednesday, January 1, 201430215600024518692
Thursday, January 1, 201540227100019886580
Friday, January 1, 201647659300012631689
Sunday, January 1, 201755433600021977998
Monday, January 1, 201860435300020759000
Tuesday, January 1, 201968092400020838000
Wednesday, January 1, 2020737669000121812000
Friday, January 1, 2021759375000152137000
Saturday, January 1, 202285400900083231000
Sunday, January 1, 2023937300000122706000
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In pursuit of knowledge

A Decade of SG&A Trends: BioMarin vs. TG Therapeutics

In the competitive landscape of biotechnology, understanding the financial strategies of leading companies is crucial. Over the past decade, BioMarin Pharmaceutical Inc. and TG Therapeutics, Inc. have shown distinct approaches in managing their Selling, General, and Administrative (SG&A) expenses. BioMarin's SG&A expenses have surged by over 200% from 2014 to 2023, reflecting its aggressive expansion and investment in operational infrastructure. In contrast, TG Therapeutics, while experiencing a significant increase in SG&A expenses, particularly between 2020 and 2021, has maintained a more conservative growth trajectory, with expenses peaking at 152 million in 2021. This divergence highlights BioMarin's robust market positioning and TG Therapeutics' strategic focus on cost management. As the biotech sector continues to evolve, these financial insights offer a glimpse into the strategic priorities shaping the future of these industry players.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025