| __timestamp | Axsome Therapeutics, Inc. | Insmed Incorporated |
|---|---|---|
| Wednesday, January 1, 2014 | 1392830 | 31073000 |
| Thursday, January 1, 2015 | 2419289 | 43216000 |
| Friday, January 1, 2016 | 6343648 | 50679000 |
| Sunday, January 1, 2017 | 7206691 | 79171000 |
| Monday, January 1, 2018 | 9351522 | 168218000 |
| Tuesday, January 1, 2019 | 13598030 | 210796000 |
| Wednesday, January 1, 2020 | 28896749 | 203613000 |
| Friday, January 1, 2021 | 66646205 | 234273000 |
| Saturday, January 1, 2022 | 159253661 | 265784000 |
| Sunday, January 1, 2023 | 323123000 | 344501000 |
| Monday, January 1, 2024 | 411359000 |
Infusing magic into the data realm
In the dynamic world of biotechnology, understanding financial trends is crucial for investors and stakeholders. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Insmed Incorporated and Axsome Therapeutics, Inc. over the past decade.
From 2014 to 2023, both companies have shown significant growth in their SG&A expenses, reflecting their expanding operations and market presence. Insmed Incorporated's expenses surged by over 1,000%, peaking in 2023, while Axsome Therapeutics, Inc. experienced an exponential increase of more than 23,000% during the same period.
This upward trend in SG&A expenses indicates strategic investments in marketing, administration, and sales, essential for driving innovation and capturing market share. As these companies continue to grow, monitoring their financial strategies will provide valuable insights into their future trajectories.
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