Breaking Down SG&A Expenses: CymaBay Therapeutics, Inc. vs Wave Life Sciences Ltd.

Biotech SG&A Expenses: CymaBay vs. Wave Life Sciences

__timestampCymaBay Therapeutics, Inc.Wave Life Sciences Ltd.
Wednesday, January 1, 201481850002999000
Thursday, January 1, 2015887100010393000
Friday, January 1, 2016964500015994000
Sunday, January 1, 20171238700026975000
Monday, January 1, 20181438100039509000
Tuesday, January 1, 20191923800048869000
Wednesday, January 1, 20201742500042510000
Friday, January 1, 20212304000046105000
Saturday, January 1, 20222511600050513000
Sunday, January 1, 20235195300051292000
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Data in motion

A Comparative Analysis of SG&A Expenses: CymaBay vs. Wave Life Sciences

In the dynamic world of biotechnology, understanding financial trends is crucial for investors and stakeholders. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two prominent biotech companies: CymaBay Therapeutics, Inc. and Wave Life Sciences Ltd., from 2014 to 2023. Over this period, Wave Life Sciences consistently outpaced CymaBay in SG&A spending, peaking at approximately $51 million in 2022, a 70% increase from 2014. Meanwhile, CymaBay's expenses surged dramatically by over 500% from 2014 to 2023, reaching a high of $52 million. This significant rise in CymaBay's expenses in 2023 suggests a strategic shift or expansion. Such financial insights are pivotal for understanding each company's operational strategies and market positioning. Investors should consider these trends when evaluating potential growth and risk factors in the biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025