| __timestamp | Bristol-Myers Squibb Company | CRISPR Therapeutics AG |
|---|---|---|
| Wednesday, January 1, 2014 | 5699000000 | 5114000 |
| Thursday, January 1, 2015 | 5001000000 | 13403000 |
| Friday, January 1, 2016 | 5002000000 | 31056000 |
| Sunday, January 1, 2017 | 4849000000 | 35845000 |
| Monday, January 1, 2018 | 4551000000 | 48294000 |
| Tuesday, January 1, 2019 | 4871000000 | 63488000 |
| Wednesday, January 1, 2020 | 7661000000 | 88208000 |
| Friday, January 1, 2021 | 7690000000 | 102802000 |
| Saturday, January 1, 2022 | 7814000000 | 102464000 |
| Sunday, January 1, 2023 | 7772000000 | 76162000 |
| Monday, January 1, 2024 | 8414000000 | 72977000 |
In pursuit of knowledge
In the ever-evolving pharmaceutical and biotechnology sectors, understanding financial trends is crucial. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Bristol-Myers Squibb Company and CRISPR Therapeutics AG from 2014 to 2023. Bristol-Myers Squibb, a giant in the pharmaceutical industry, consistently reported higher SG&A expenses, peaking in 2022 with a 38% increase from 2014. In contrast, CRISPR Therapeutics, a pioneer in gene editing, showed a remarkable growth trajectory, with expenses increasing nearly 20-fold over the same period. This stark contrast highlights the differing scales and growth strategies of established pharmaceutical companies versus innovative biotech firms. As the industry continues to evolve, these insights provide a window into the financial strategies that drive success in the competitive landscape of healthcare.
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