Breaking Down SG&A Expenses: United Therapeutics Corporation vs Apellis Pharmaceuticals, Inc.

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

__timestampApellis Pharmaceuticals, Inc.United Therapeutics Corporation
Wednesday, January 1, 20142908166381287000
Thursday, January 1, 20156356782452612000
Friday, January 1, 20164303743316800000
Sunday, January 1, 201710463151330100000
Monday, January 1, 201822639184265800000
Tuesday, January 1, 201967046483336200000
Wednesday, January 1, 2020139401000423900000
Friday, January 1, 2021176771000467000000
Saturday, January 1, 2022277163000487000000
Sunday, January 1, 2023500815000477100000
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Unleashing the power of data

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 maintaining financial health. United Therapeutics Corporation and Apellis Pharmaceuticals, Inc. offer a fascinating contrast in their SG&A spending from 2014 to 2023.

United Therapeutics consistently maintained higher SG&A expenses, peaking at approximately $487 million in 2022, reflecting a strategic focus on robust administrative and sales operations. In contrast, Apellis Pharmaceuticals, starting with a modest $2.9 million in 2014, saw a dramatic increase, reaching around $501 million by 2023. This represents a staggering growth of over 17,000%, highlighting Apellis's aggressive expansion and investment in administrative capabilities.

This decade-long analysis underscores the dynamic strategies of these biotech giants, offering insights into their operational priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025