Comparing SG&A Expenses: CymaBay Therapeutics, Inc. vs Celldex Therapeutics, Inc. Trends and Insights

Biotech SG&A Expenses: CymaBay vs. Celldex

__timestampCelldex Therapeutics, Inc.CymaBay Therapeutics, Inc.
Wednesday, January 1, 2014206220008185000
Thursday, January 1, 2015338370008871000
Friday, January 1, 2016359790009645000
Sunday, January 1, 20172500300012387000
Monday, January 1, 20181926900014381000
Tuesday, January 1, 20191542600019238000
Wednesday, January 1, 20201445600017425000
Friday, January 1, 20212048800023040000
Saturday, January 1, 20222719500025116000
Sunday, January 1, 20233091400051953000
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Cracking the code

SG&A Expenses: A Tale of Two Biotech Companies

In the competitive world of biotechnology, managing operational costs is crucial. This analysis compares the Selling, General, and Administrative (SG&A) expenses of CymaBay Therapeutics, Inc. and Celldex Therapeutics, Inc. over the past decade. From 2014 to 2023, Celldex's SG&A expenses have shown a steady increase, peaking in 2016 and 2023, with a notable 50% rise from 2014 to 2023. Meanwhile, CymaBay's expenses have surged dramatically, especially in 2023, where they more than doubled compared to 2022. This trend highlights CymaBay's aggressive expansion strategy. Both companies have experienced fluctuations, but CymaBay's recent spike suggests a significant shift in their operational focus. Investors and stakeholders should consider these trends when evaluating the companies' financial health and strategic direction.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025