Comparing SG&A Expenses: Insmed Incorporated vs ADMA Biologics, Inc. Trends and Insights

Biotech SG&A Expenses: Insmed vs. ADMA Biologics

__timestampADMA Biologics, Inc.Insmed Incorporated
Wednesday, January 1, 2014482386931073000
Thursday, January 1, 2015674596843216000
Friday, January 1, 2016849474250679000
Sunday, January 1, 20171809283579171000
Monday, January 1, 201822502922168218000
Tuesday, January 1, 201925910757210796000
Wednesday, January 1, 202035050817203613000
Friday, January 1, 202142896889234273000
Saturday, January 1, 202252458024265784000
Sunday, January 1, 202359020000344501000
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Infusing magic into the data realm

SG&A Expenses: A Tale of Two Biotech Companies

In the competitive world of biotechnology, managing expenses is crucial for success. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Insmed Incorporated and ADMA Biologics, Inc. over the past decade. From 2014 to 2023, Insmed's SG&A expenses surged by over 1,000%, reaching approximately $344 million in 2023. In contrast, ADMA Biologics saw a more modest increase of around 1,100%, with expenses peaking at nearly $59 million in the same year. This stark difference highlights Insmed's aggressive expansion strategy, while ADMA Biologics maintains a more conservative approach. Understanding these trends provides valuable insights into each company's operational priorities and financial health. As the biotech industry continues to evolve, monitoring such financial metrics will be key to predicting future growth and sustainability.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025