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

Biotech SG&A Expenses: Neurocrine vs. Protagonist

__timestampNeurocrine Biosciences, Inc.Protagonist Therapeutics, Inc.
Wednesday, January 1, 2014179860001860000
Thursday, January 1, 2015324800002963000
Friday, January 1, 2016680810006961000
Sunday, January 1, 201716990600011779000
Monday, January 1, 201824893200013697000
Tuesday, January 1, 201935410000015749000
Wednesday, January 1, 202043330000018638000
Friday, January 1, 202158330000027196000
Saturday, January 1, 202275270000031739000
Sunday, January 1, 202388760000033491000
Monday, January 1, 20241007200000
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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 Neurocrine Biosciences, Inc. and Protagonist Therapeutics, Inc. over the past decade. Neurocrine Biosciences has seen a staggering increase in SG&A expenses, growing from approximately $18 million in 2014 to nearly $888 million in 2023. This represents a growth of nearly 4,800%, reflecting the company's aggressive expansion and investment in administrative capabilities.

Conversely, Protagonist Therapeutics, Inc. has maintained a more modest growth trajectory, with SG&A expenses rising from about $1.9 million in 2014 to $33 million in 2023, marking an increase of over 1,600%. This difference highlights the varied strategic approaches of these companies in managing their operational costs. As the biotech industry continues to evolve, understanding these financial trends is essential for investors and stakeholders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025