Breaking Down SG&A Expenses: Rhythm Pharmaceuticals, Inc. vs BioCryst Pharmaceuticals, Inc.

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

__timestampBioCryst Pharmaceuticals, Inc.Rhythm Pharmaceuticals, Inc.
Wednesday, January 1, 201474610001213000
Thursday, January 1, 2015130470003425000
Friday, January 1, 2016112530006311000
Sunday, January 1, 2017139330009518000
Monday, January 1, 20182951400028080000
Tuesday, January 1, 20193712100036550000
Wednesday, January 1, 20206792900046125000
Friday, January 1, 202111881800068486000
Saturday, January 1, 202215937100092032000
Sunday, January 1, 2023213894000117532000
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Igniting the spark of knowledge

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

In the competitive world of biotechnology, managing operational costs is crucial. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Rhythm Pharmaceuticals, Inc. and BioCryst Pharmaceuticals, Inc. from 2014 to 2023. Over this period, BioCryst's SG&A expenses surged by nearly 2,800%, peaking in 2023. Rhythm Pharmaceuticals also saw a significant increase, with expenses rising by approximately 9,600% over the same period. Notably, both companies experienced their most substantial growth in SG&A expenses between 2020 and 2023, reflecting strategic investments in marketing and administration. This trend highlights the growing financial commitments these companies are making to support their innovative drug pipelines. As the biotech industry continues to evolve, understanding these financial dynamics offers valuable insights into the strategic priorities of leading firms.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025