Comparing SG&A Expenses: Bristol-Myers Squibb Company vs CRISPR Therapeutics AG Trends and Insights

SG&A Expenses: Pharma Giant vs. Biotech Innovator

__timestampBristol-Myers Squibb CompanyCRISPR Therapeutics AG
Wednesday, January 1, 201456990000005114000
Thursday, January 1, 2015500100000013403000
Friday, January 1, 2016500200000031056000
Sunday, January 1, 2017484900000035845000
Monday, January 1, 2018455100000048294000
Tuesday, January 1, 2019487100000063488000
Wednesday, January 1, 2020766100000088208000
Friday, January 1, 20217690000000102802000
Saturday, January 1, 20227814000000102464000
Sunday, January 1, 2023777200000076162000
Monday, January 1, 2024841400000072977000
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Unlocking the unknown

A Tale of Two Companies: SG&A Expenses Over Time

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025