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

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

__timestampHalozyme Therapeutics, Inc.Protagonist Therapeutics, Inc.
Wednesday, January 1, 2014359420001860000
Thursday, January 1, 2015400280002963000
Friday, January 1, 2016458530006961000
Sunday, January 1, 20175381600011779000
Monday, January 1, 20186080400013697000
Tuesday, January 1, 20197725200015749000
Wednesday, January 1, 20204573600018638000
Friday, January 1, 20215032300027196000
Saturday, January 1, 202214352600031739000
Sunday, January 1, 202314918200033491000
Monday, January 1, 2024154335000
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Igniting the spark of knowledge

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

In the competitive world of biotechnology, managing expenses is crucial for sustaining growth and innovation. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Halozyme Therapeutics, Inc. and Protagonist Therapeutics, Inc. from 2014 to 2023.

Halozyme's Financial Journey

Halozyme Therapeutics has seen a significant increase in SG&A expenses, growing by approximately 315% over the decade. This surge, peaking in 2023, reflects the company's strategic investments in expanding its market presence and operational capabilities.

Protagonist's Steady Climb

Protagonist Therapeutics, while starting with lower expenses, has also experienced a notable rise, with a 1700% increase since 2014. This growth underscores its commitment to scaling operations and enhancing its competitive edge.

Insights and Implications

The contrasting trajectories of these companies highlight different strategic approaches in the biotech sector, offering valuable insights for investors and industry analysts.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025