Breaking Down SG&A Expenses: Cytokinetics, Incorporated vs MorphoSys AG

Biotech Giants' SG&A Expenses: A Decade of Change

__timestampCytokinetics, IncorporatedMorphoSys AG
Wednesday, January 1, 2014172680009689000
Thursday, January 1, 20151966700010431000
Friday, January 1, 2016278230009618000
Sunday, January 1, 20173646800012348000
Monday, January 1, 20183128200028310241
Tuesday, January 1, 20193961000059336147
Wednesday, January 1, 202052820000159145941
Friday, January 1, 202196803000199800000
Saturday, January 1, 202217797700090225000
Sunday, January 1, 202317361200092538000
Loading chart...

Unlocking the unknown

SG&A Expenses: A Tale of Two Biotech Giants

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for sustaining growth and innovation. This analysis compares the SG&A expenses of Cytokinetics, Incorporated and MorphoSys AG from 2014 to 2023.

Cytokinetics, Incorporated

Cytokinetics has shown a remarkable upward trend in SG&A expenses, with a staggering 900% increase over the decade. This surge reflects the company's aggressive expansion and investment in administrative capabilities to support its innovative drug development pipeline.

MorphoSys AG

MorphoSys AG, on the other hand, experienced a more volatile trajectory. Notably, in 2020, their SG&A expenses peaked, accounting for nearly 60% of their total expenses, before stabilizing in subsequent years.

Conclusion

Both companies demonstrate distinct strategies in managing SG&A expenses, highlighting the diverse approaches within the biotech industry to balance growth and operational efficiency.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025