Breaking Down SG&A Expenses: Genmab A/S vs ADMA Biologics, Inc.

SG&A Expenses: Genmab vs. ADMA Biologics Over a Decade

__timestampADMA Biologics, Inc.Genmab A/S
Wednesday, January 1, 2014482386979529000
Thursday, January 1, 2015674596891224000
Friday, January 1, 20168494742102413000
Sunday, January 1, 201718092835146987000
Monday, January 1, 201822502922213695000
Tuesday, January 1, 201925910757342000000
Wednesday, January 1, 202035050817661000000
Friday, January 1, 2021428968891283000000
Saturday, January 1, 2022524580242676000000
Sunday, January 1, 2023590200003297000000
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Unlocking the unknown

A Tale of Two Biotechs: SG&A Expenses Over Time

In the competitive world of biotechnology, understanding financial health is crucial. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Genmab A/S and ADMA Biologics, Inc. from 2014 to 2023. Over this period, Genmab A/S has consistently outpaced ADMA Biologics, Inc. in SG&A spending, reflecting its expansive growth strategy. In 2023, Genmab's SG&A expenses soared to approximately 3.3 billion, marking a staggering 4,000% increase from 2014. Meanwhile, ADMA Biologics, Inc. saw a more modest rise, with expenses reaching nearly 59 million in 2023, a 1,100% increase from 2014. This disparity highlights Genmab's aggressive market positioning and investment in operational infrastructure. As the biotech industry continues to evolve, these financial insights offer a glimpse into the strategic priorities of these two companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025