Breaking Down SG&A Expenses: CRISPR Therapeutics AG vs Evotec SE

Biotech Giants' SG&A Expenses: A Decade of Strategic Spending

__timestampCRISPR Therapeutics AGEvotec SE
Wednesday, January 1, 2014511400017990000
Thursday, January 1, 20151340300025166000
Friday, January 1, 20163105600027013000
Sunday, January 1, 20173584500042383000
Monday, January 1, 20184829400057012000
Tuesday, January 1, 20196348800066546000
Wednesday, January 1, 20208820800077238000
Friday, January 1, 2021102802000105445000
Saturday, January 1, 2022102464000156190000
Sunday, January 1, 202376162000169610000
Monday, January 1, 202472977000
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Cracking the code

A Comparative Analysis of SG&A Expenses: CRISPR Therapeutics AG vs. Evotec SE

In the dynamic world of biotechnology, understanding the financial health of companies is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two prominent players: CRISPR Therapeutics AG and Evotec SE, from 2014 to 2023. Over this period, Evotec SE consistently outpaced CRISPR Therapeutics AG in SG&A spending, peaking in 2023 with expenses nearly 123% higher than in 2014. Meanwhile, CRISPR Therapeutics AG saw a significant rise, with a 1,390% increase from 2014 to its peak in 2021. This trend reflects strategic investments in research and development, marketing, and administrative functions, essential for sustaining growth and innovation. As the biotech industry continues to evolve, monitoring these financial metrics provides valuable insights into the operational strategies and market positioning of these companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025