Comparing SG&A Expenses: Blueprint Medicines Corporation vs ADMA Biologics, Inc. Trends and Insights

Biotech SG&A Trends: Blueprint vs. ADMA

__timestampADMA Biologics, Inc.Blueprint Medicines Corporation
Wednesday, January 1, 201448238697890000
Thursday, January 1, 2015674596814456000
Friday, January 1, 2016849474219218000
Sunday, January 1, 20171809283527986000
Monday, January 1, 20182250292247928000
Tuesday, January 1, 20192591075796388000
Wednesday, January 1, 202035050817157743000
Friday, January 1, 202142896889195293000
Saturday, January 1, 202252458024237374000
Sunday, January 1, 202359020000295141000
Monday, January 1, 2024359272000
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Data in motion

SG&A Expenses: A Tale of Two Biotech Companies

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for sustainable growth. Over the past decade, Blueprint Medicines Corporation and ADMA Biologics, Inc. have shown distinct trends in their SG&A expenditures. From 2014 to 2023, Blueprint Medicines saw a staggering increase of over 3,600%, with expenses peaking at nearly $295 million in 2023. In contrast, ADMA Biologics experienced a more modest rise of approximately 1,100%, reaching around $59 million in the same year.

Insights and Implications

Blueprint Medicines' aggressive spending reflects its rapid expansion and investment in innovation, while ADMA Biologics' steadier growth suggests a more conservative approach. These trends highlight the diverse strategies within the biotech sector, where balancing cost management with growth ambitions is key to long-term success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025