| __timestamp | ACADIA Pharmaceuticals Inc. | Viridian Therapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 32748000 | 7751000 |
| Thursday, January 1, 2015 | 90804000 | 10251000 |
| Friday, January 1, 2016 | 186456000 | 9575000 |
| Sunday, January 1, 2017 | 255062000 | 10912000 |
| Monday, January 1, 2018 | 265758000 | 11049000 |
| Tuesday, January 1, 2019 | 325638000 | 11646000 |
| Wednesday, January 1, 2020 | 388661000 | 13265000 |
| Friday, January 1, 2021 | 396028000 | 25805000 |
| Saturday, January 1, 2022 | 369090000 | 35182000 |
| Sunday, January 1, 2023 | 402466000 | 94999000 |
Unlocking the unknown
In the competitive world of biotechnology, managing operational costs is crucial for success. This analysis compares the Selling, General, and Administrative (SG&A) expenses of ACADIA Pharmaceuticals Inc. and Viridian Therapeutics, Inc. over the past decade. From 2014 to 2023, ACADIA's SG&A expenses surged by over 1,100%, reflecting its aggressive growth strategy. In contrast, Viridian's expenses increased by approximately 1,200%, albeit from a much smaller base, indicating its rapid expansion phase.
This comparison underscores the diverse strategies employed by biotech firms in managing their operational expenditures.
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