Comparing SG&A Expenses: CRISPR Therapeutics AG vs Iovance Biotherapeutics, Inc. Trends and Insights

Biotech Giants' SG&A Expenses: A Decade of Growth and Strategy

__timestampCRISPR Therapeutics AGIovance Biotherapeutics, Inc.
Wednesday, January 1, 201451140009335772
Thursday, January 1, 20151340300012390000
Friday, January 1, 20163105600025602000
Sunday, January 1, 20173584500021262000
Monday, January 1, 20184829400028430000
Tuesday, January 1, 20196348800040849000
Wednesday, January 1, 20208820800060210000
Friday, January 1, 202110280200083664000
Saturday, January 1, 2022102464000104097000
Sunday, January 1, 202376162000106916000
Monday, January 1, 202472977000
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Cracking the code

A Decade of SG&A Trends: CRISPR Therapeutics AG vs. Iovance Biotherapeutics, Inc.

In the rapidly evolving biotech sector, understanding financial trends is crucial. Over the past decade, CRISPR Therapeutics AG and Iovance Biotherapeutics, Inc. have shown significant shifts in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, CRISPR Therapeutics AG's SG&A expenses surged by over 1,300%, peaking in 2021. Meanwhile, Iovance Biotherapeutics, Inc. experienced a 1,000% increase, with a notable rise in 2023. This trend reflects strategic investments in research and development, marketing, and administrative capabilities. Notably, both companies saw their highest expenses in the last three years, indicating a competitive push in the biotech landscape. As these companies continue to innovate, monitoring their financial strategies offers insights into their market positioning and future growth potential.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025