Breaking Down SG&A Expenses: Vericel Corporation vs Agios Pharmaceuticals, Inc.

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

__timestampAgios Pharmaceuticals, Inc.Vericel Corporation
Wednesday, January 1, 20141912000013774000
Thursday, January 1, 20153599200022479000
Friday, January 1, 20165071400027388000
Sunday, January 1, 20177112400035610000
Monday, January 1, 201811414500049007000
Tuesday, January 1, 201913203400061139000
Wednesday, January 1, 202014907000068836000
Friday, January 1, 202112144500097592000
Saturday, January 1, 2022121673000106903000
Sunday, January 1, 2023119903000120998000
Monday, January 1, 2024156784000
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Unveiling the hidden dimensions of data

A Comparative Analysis of SG&A Expenses: Vericel vs. Agios

In the dynamic world of biotechnology, understanding financial trends is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Vericel Corporation and Agios Pharmaceuticals, Inc. over the past decade. From 2014 to 2023, Agios Pharmaceuticals saw a staggering 526% increase in SG&A expenses, peaking in 2020. Meanwhile, Vericel Corporation experienced an impressive 779% rise, with a notable surge in 2023, surpassing Agios for the first time. This shift highlights Vericel's aggressive expansion strategy. The data reveals a competitive landscape where both companies are investing 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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025