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

Biotech Giants: SG&A Expense Trends from 2014 to 2023

__timestampExelixis, Inc.Wave Life Sciences Ltd.
Wednesday, January 1, 2014508290002999000
Thursday, January 1, 20155730500010393000
Friday, January 1, 201611614500015994000
Sunday, January 1, 201715936200026975000
Monday, January 1, 201820636600039509000
Tuesday, January 1, 201922824400048869000
Wednesday, January 1, 202029335500042510000
Friday, January 1, 202140171500046105000
Saturday, January 1, 202245985600050513000
Sunday, January 1, 202354270500051292000
Monday, January 1, 2024492128000
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Unlocking the unknown

SG&A Expenses: A Tale of Two Biotech Companies

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for sustaining growth and innovation. Exelixis, Inc. and Wave Life Sciences Ltd. offer a fascinating contrast in their financial strategies over the past decade. From 2014 to 2023, Exelixis, Inc. saw a staggering 967% increase in SG&A expenses, reflecting its aggressive expansion and investment in administrative capabilities. In contrast, Wave Life Sciences Ltd. experienced a more modest 1,611% rise, indicating a more conservative approach.

By 2023, Exelixis, Inc.'s SG&A expenses were nearly ten times higher than those of Wave Life Sciences Ltd., highlighting its larger scale and market presence. This divergence underscores the varied strategies companies employ to navigate the biotech landscape, balancing growth with financial prudence.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025