Comparing SG&A Expenses: Iovance Biotherapeutics, Inc. vs BioCryst Pharmaceuticals, Inc. Trends and Insights

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

__timestampBioCryst Pharmaceuticals, Inc.Iovance Biotherapeutics, Inc.
Wednesday, January 1, 201474610009335772
Thursday, January 1, 20151304700012390000
Friday, January 1, 20161125300025602000
Sunday, January 1, 20171393300021262000
Monday, January 1, 20182951400028430000
Tuesday, January 1, 20193712100040849000
Wednesday, January 1, 20206792900060210000
Friday, January 1, 202111881800083664000
Saturday, January 1, 2022159371000104097000
Sunday, January 1, 2023213894000106916000
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Unveiling the hidden dimensions of data

SG&A Expenses: A Tale of Two Biotech Companies

In the competitive world of biotechnology, managing operational costs is crucial for success. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Iovance Biotherapeutics, Inc. and BioCryst Pharmaceuticals, Inc. over the past decade. From 2014 to 2023, BioCryst Pharmaceuticals saw a staggering 2,765% increase in SG&A expenses, peaking at over $213 million in 2023. Meanwhile, Iovance Biotherapeutics experienced a 1,045% rise, reaching approximately $107 million in the same year.

Key Insights

BioCryst's expenses consistently outpaced Iovance's, particularly from 2020 onwards, where their SG&A costs nearly doubled each year. This trend highlights BioCryst's aggressive expansion and investment in administrative capabilities. Conversely, Iovance's steadier growth suggests a more measured approach. Understanding these financial strategies provides valuable insights into each company's operational priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025