Breaking Down SG&A Expenses: Geron Corporation vs Travere Therapeutics, Inc.

SG&A Expenses: Geron vs. Travere - A Decade of Growth

__timestampGeron CorporationTravere Therapeutics, Inc.
Wednesday, January 1, 20141675800059644696
Thursday, January 1, 20151779300079541000
Friday, January 1, 20161876100098015000
Sunday, January 1, 201719287000103958000
Monday, January 1, 201818707000103654000
Tuesday, January 1, 201920893000128951000
Wednesday, January 1, 202025678000135799000
Friday, January 1, 202129665000149883000
Saturday, January 1, 202243628000220206000
Sunday, January 1, 202369135000265542000
Loading chart...

Igniting the spark of knowledge

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

In the competitive landscape of biotechnology, understanding financial health is crucial. Geron Corporation and Travere Therapeutics, Inc. have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses from 2014 to 2023. Over this period, Travere Therapeutics consistently outpaced Geron Corporation, with SG&A expenses growing by approximately 345%, compared to Geron's 312% increase. Notably, in 2023, Travere's expenses reached nearly four times that of Geron, highlighting its aggressive expansion strategy. This trend reflects broader industry dynamics, where companies invest heavily in administrative and sales functions to drive growth. As the biotech sector continues to evolve, monitoring these financial metrics provides valuable insights into corporate strategies and market positioning. The data underscores the importance of strategic financial management in sustaining competitive advantage in the biotech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025