Breaking Down SG&A Expenses: Iovance Biotherapeutics, Inc. vs Novavax, Inc.

Biotech Giants' SG&A Expenses: A Decade of Strategic Growth

__timestampIovance Biotherapeutics, Inc.Novavax, Inc.
Wednesday, January 1, 2014933577219928000
Thursday, January 1, 20151239000030842000
Friday, January 1, 20162560200046527000
Sunday, January 1, 20172126200034451000
Monday, January 1, 20182843000034409000
Tuesday, January 1, 20194084900034417000
Wednesday, January 1, 202060210000145290000
Friday, January 1, 202183664000298358000
Saturday, January 1, 2022104097000488691000
Sunday, January 1, 2023106916000468946000
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A Tale of Two Biotechs: SG&A Expenses Over Time

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for sustaining growth and innovation. Iovance Biotherapeutics, Inc. and Novavax, Inc. have shown contrasting trends in their SG&A expenses from 2014 to 2023. Iovance's expenses have grown steadily, increasing by over 1,000% from 2014 to 2023, reflecting their strategic investments in research and development. Meanwhile, Novavax experienced a dramatic surge, with expenses skyrocketing by over 2,200% during the same period, peaking in 2022. This spike aligns with their aggressive push in vaccine development, particularly during the COVID-19 pandemic. The data highlights the dynamic nature of the biotech industry, where financial strategies can significantly impact a company's trajectory. As these companies continue to innovate, their SG&A expenses will remain a key indicator of their operational focus and market strategy.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025