Comparing SG&A Expenses: Insmed Incorporated vs Rhythm Pharmaceuticals, Inc. Trends and Insights

Biotech Giants: SG&A Expense Trends Unveiled

__timestampInsmed IncorporatedRhythm Pharmaceuticals, Inc.
Wednesday, January 1, 2014310730001213000
Thursday, January 1, 2015432160003425000
Friday, January 1, 2016506790006311000
Sunday, January 1, 2017791710009518000
Monday, January 1, 201816821800028080000
Tuesday, January 1, 201921079600036550000
Wednesday, January 1, 202020361300046125000
Friday, January 1, 202123427300068486000
Saturday, January 1, 202226578400092032000
Sunday, January 1, 2023344501000117532000
Loading chart...

Unleashing the power of data

SG&A Expenses: A Tale of Two Biotechs

In the competitive landscape of biotechnology, Insmed Incorporated and Rhythm Pharmaceuticals, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses over the past decade. Since 2014, Insmed's SG&A expenses have surged by over 1,000%, reaching approximately $345 million in 2023. This growth reflects their aggressive expansion and investment in operational capabilities. In contrast, Rhythm Pharmaceuticals, Inc. has experienced a more moderate increase of around 9,600%, with expenses rising to about $118 million in the same period. This difference highlights varying strategic approaches, with Insmed focusing on rapid scaling and Rhythm maintaining a more measured pace. The data underscores the dynamic nature of the biotech sector, where financial strategies can significantly impact a company's market position. As these companies continue to evolve, their SG&A trends offer valuable insights into their operational priorities and future directions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025