Comparing SG&A Expenses: Neurocrine Biosciences, Inc. vs Corcept Therapeutics Incorporated Trends and Insights

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

__timestampCorcept Therapeutics IncorporatedNeurocrine Biosciences, Inc.
Wednesday, January 1, 20143491600017986000
Thursday, January 1, 20153694900032480000
Friday, January 1, 20164524000068081000
Sunday, January 1, 201762416000169906000
Monday, January 1, 201881289000248932000
Tuesday, January 1, 2019100359000354100000
Wednesday, January 1, 2020105326000433300000
Friday, January 1, 2021122356000583300000
Saturday, January 1, 2022152848000752700000
Sunday, January 1, 2023184259000887600000
Monday, January 1, 20241007200000
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Cracking the code

SG&A Expenses: A Tale of Two Biotechs

In the competitive landscape of biotechnology, managing operational costs is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Neurocrine Biosciences, Inc. and Corcept Therapeutics Incorporated from 2014 to 2023. Over this period, Neurocrine Biosciences has seen a staggering increase in SG&A expenses, growing nearly 50 times from 2014 to 2023. In contrast, Corcept Therapeutics has experienced a more modest, yet significant, fivefold increase.

Key Insights

  • Neurocrine Biosciences: By 2023, their SG&A expenses reached approximately 888% of their 2014 levels, reflecting aggressive expansion and investment in operational capabilities.
  • Corcept Therapeutics: Their expenses grew to about 528% of their 2014 levels, indicating steady growth and strategic cost management.

This trend highlights the differing strategies of these companies in navigating the biotech industry's challenges.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025