Breaking Down SG&A Expenses: Viking Therapeutics, Inc. vs Dynavax Technologies Corporation

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

__timestampDynavax Technologies CorporationViking Therapeutics, Inc.
Wednesday, January 1, 2014177630001244910
Thursday, January 1, 2015221800005029636
Friday, January 1, 2016372570004846776
Sunday, January 1, 2017273670005329003
Monday, January 1, 2018647700007121000
Tuesday, January 1, 2019749860009128000
Wednesday, January 1, 20207925600010731000
Friday, January 1, 202110015600010701000
Saturday, January 1, 202213140800016121000
Sunday, January 1, 202315294600037021000
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Cracking the code

SG&A Expenses: A Tale of Two Biotech Companies

In the competitive world of biotechnology, managing operational costs is crucial for success. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two prominent biotech firms: Viking Therapeutics, Inc. and Dynavax Technologies Corporation, from 2014 to 2023.

Dynavax Technologies Corporation

Dynavax has seen a significant upward trend in SG&A expenses, with a staggering 760% increase over the decade. Starting at approximately $17.8 million in 2014, their expenses soared to $152.9 million by 2023. This growth reflects their aggressive expansion and investment in marketing and administrative capabilities.

Viking Therapeutics, Inc.

In contrast, Viking Therapeutics exhibited a more conservative growth in SG&A expenses, rising from $1.2 million in 2014 to $37 million in 2023, marking a 2,875% increase. This indicates a strategic scaling of operations, aligning with their growth trajectory.

Both companies showcase distinct strategies in managing operational costs, offering insights into their business models and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025