Comparing SG&A Expenses: Halozyme Therapeutics, Inc. vs Lantheus Holdings, Inc. Trends and Insights

Biotech SG&A Expenses: Halozyme vs. Lantheus

__timestampHalozyme Therapeutics, Inc.Lantheus Holdings, Inc.
Wednesday, January 1, 20143594200072429000
Thursday, January 1, 20154002800078634000
Friday, January 1, 20164585300075374000
Sunday, January 1, 20175381600092157000
Monday, January 1, 20186080400093326000
Tuesday, January 1, 201977252000103132000
Wednesday, January 1, 202045736000110171000
Friday, January 1, 202150323000218817000
Saturday, January 1, 2022143526000233827000
Sunday, January 1, 2023149182000267194000
Monday, January 1, 2024154335000
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Unleashing insights

SG&A Expenses: A Tale of Two Biotech Companies

In the competitive world of biotechnology, managing operational costs is crucial for success. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Halozyme Therapeutics, Inc. and Lantheus Holdings, Inc. from 2014 to 2023. Over this period, Lantheus Holdings consistently outpaced Halozyme in SG&A spending, with a notable 270% increase from 2014 to 2023. Halozyme, while more conservative, saw a significant 315% rise in the same timeframe.

Key Insights

  • 2014-2019: Both companies maintained steady growth, with Lantheus leading by approximately 50% more in expenses.
  • 2020-2023: A sharp increase in SG&A expenses was observed, particularly for Lantheus, which nearly doubled its spending.

These trends highlight the strategic investments in administrative capabilities and market expansion, reflecting each company's growth trajectory and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025