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

Biotech Giants: SG&A Expense Trends from 2014 to 2023

__timestampHalozyme Therapeutics, Inc.PTC Therapeutics, Inc.
Wednesday, January 1, 20143594200044820000
Thursday, January 1, 20154002800082080000
Friday, January 1, 20164585300097130000
Sunday, January 1, 201753816000121271000
Monday, January 1, 201860804000153548000
Tuesday, January 1, 201977252000202541000
Wednesday, January 1, 202045736000245164000
Friday, January 1, 202150323000285773000
Saturday, January 1, 2022143526000325998000
Sunday, January 1, 2023149182000332540000
Monday, January 1, 2024154335000
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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 Halozyme Therapeutics, Inc. and PTC Therapeutics, Inc. from 2014 to 2023. Over this period, PTC Therapeutics consistently outspent Halozyme, with its SG&A expenses peaking at over 330% higher than Halozyme's in 2023. Notably, Halozyme's expenses surged by approximately 315% from 2014 to 2023, reflecting strategic investments in growth. Meanwhile, PTC's expenses grew by around 640%, indicating aggressive expansion and market penetration efforts. The data highlights the contrasting financial strategies of these two biotech firms, offering insights into their operational priorities and market positioning. As the biotech industry evolves, understanding these financial trends is essential for investors and stakeholders aiming to navigate this dynamic sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025