Comparing SG&A Expenses: Neurocrine Biosciences, Inc. vs Ionis Pharmaceuticals, Inc. Trends and Insights

Biotech Giants' SG&A Expenses: A Decade of Divergence

__timestampIonis Pharmaceuticals, Inc.Neurocrine Biosciences, Inc.
Wednesday, January 1, 20142014000017986000
Thursday, January 1, 20153717300032480000
Friday, January 1, 20164861600068081000
Sunday, January 1, 2017108488000169906000
Monday, January 1, 2018244622000248932000
Tuesday, January 1, 2019287000000354100000
Wednesday, January 1, 2020354000000433300000
Friday, January 1, 2021186000000583300000
Saturday, January 1, 2022151000000752700000
Sunday, January 1, 2023232600000887600000
Monday, January 1, 20241007200000
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Unleashing the power of data

SG&A Expenses: A Tale of Two Biotech Giants

In the competitive world of biotechnology, managing operational costs is crucial for success. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry leaders: Neurocrine Biosciences, Inc. and Ionis Pharmaceuticals, Inc., from 2014 to 2023.

Key Insights

Neurocrine Biosciences has shown a remarkable increase in SG&A expenses, growing by nearly 500% over the decade. This surge reflects their aggressive expansion and investment in marketing and administrative capabilities. In contrast, Ionis Pharmaceuticals experienced a more modest increase of around 100%, indicating a more conservative approach to operational spending.

Trends Over Time

By 2023, Neurocrine's SG&A expenses were approximately 3.8 times higher than Ionis's, highlighting their divergent strategies. This data provides a fascinating glimpse into how these companies allocate resources to maintain their competitive edge in the biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025