Comparing SG&A Expenses: ADMA Biologics, Inc. vs Celldex Therapeutics, Inc. Trends and Insights

Biotech SG&A Expenses: ADMA vs. Celldex, 2014-2023

__timestampADMA Biologics, Inc.Celldex Therapeutics, Inc.
Wednesday, January 1, 2014482386920622000
Thursday, January 1, 2015674596833837000
Friday, January 1, 2016849474235979000
Sunday, January 1, 20171809283525003000
Monday, January 1, 20182250292219269000
Tuesday, January 1, 20192591075715426000
Wednesday, January 1, 20203505081714456000
Friday, January 1, 20214289688920488000
Saturday, January 1, 20225245802427195000
Sunday, January 1, 20235902000030914000
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Unveiling the hidden dimensions of data

SG&A Expenses: A Tale of Two Biotech Companies

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 ADMA Biologics, Inc. and Celldex Therapeutics, Inc. from 2014 to 2023. Over this period, ADMA Biologics saw a staggering increase of over 1,100% in their SG&A expenses, reflecting their aggressive growth strategy. In contrast, Celldex Therapeutics experienced a more modest rise of about 50%, indicating a more conservative approach.

By 2023, ADMA Biologics' SG&A expenses were nearly double those of Celldex, highlighting their significant investment in scaling operations. This divergence in financial strategy underscores the varied paths companies can take in the biotech sector. Understanding these trends provides valuable insights into how these companies prioritize spending to drive innovation and market presence.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025