__timestamp | Axsome Therapeutics, Inc. | Celldex Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 1392830 | 20622000 |
Thursday, January 1, 2015 | 2419289 | 33837000 |
Friday, January 1, 2016 | 6343648 | 35979000 |
Sunday, January 1, 2017 | 7206691 | 25003000 |
Monday, January 1, 2018 | 9351522 | 19269000 |
Tuesday, January 1, 2019 | 13598030 | 15426000 |
Wednesday, January 1, 2020 | 28896749 | 14456000 |
Friday, January 1, 2021 | 66646205 | 20488000 |
Saturday, January 1, 2022 | 159253661 | 27195000 |
Sunday, January 1, 2023 | 323123000 | 30914000 |
Monday, January 1, 2024 | 411359000 |
Data in motion
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 Axsome Therapeutics, Inc. and Celldex Therapeutics, Inc. over the past decade.
Axsome Therapeutics has seen a staggering increase in SG&A expenses, growing from a modest $1.4 million in 2014 to over $323 million in 2023. This represents a growth of over 23,000%, reflecting the company's aggressive expansion and investment in its operations.
In contrast, Celldex Therapeutics has maintained a more stable trajectory, with expenses peaking at $36 million in 2016 and stabilizing around $31 million by 2023. This steady approach may indicate a more conservative growth strategy.
The divergent paths of these companies highlight different strategic approaches in the biotech industry, with Axsome focusing on rapid expansion and Celldex opting for stability.
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