Breaking Down SG&A Expenses: Ultragenyx Pharmaceutical Inc. vs Celldex Therapeutics, Inc.

SG&A Expenses: Ultragenyx vs. Celldex - A Decade of Change

__timestampCelldex Therapeutics, Inc.Ultragenyx Pharmaceutical Inc.
Wednesday, January 1, 20142062200010811000
Thursday, January 1, 20153383700033001000
Friday, January 1, 20163597900064936000
Sunday, January 1, 20172500300099909000
Monday, January 1, 201819269000127724000
Tuesday, January 1, 201915426000161524000
Wednesday, January 1, 202014456000182933000
Friday, January 1, 202120488000219982000
Saturday, January 1, 202227195000278139000
Sunday, January 1, 202330914000309799000
Loading chart...

Igniting the spark of knowledge

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

In the competitive world of biotechnology, managing expenses is crucial for success. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Ultragenyx Pharmaceutical Inc. and Celldex Therapeutics, Inc. from 2014 to 2023. Over this period, Ultragenyx has seen a staggering increase in SG&A expenses, growing nearly 2,800% from 2014 to 2023. In contrast, Celldex's expenses have fluctuated, peaking in 2016 and then stabilizing. By 2023, Ultragenyx's SG&A expenses were approximately ten times higher than Celldex's, highlighting its aggressive expansion strategy. This trend underscores the differing approaches of these companies in navigating the biotech landscape. As Ultragenyx invests heavily in administrative and sales functions, Celldex appears to be more conservative, potentially focusing on other areas of growth. Understanding these financial strategies provides valuable insights into their market positioning and future prospects.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025