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

Biotech SG&A Expenses: Neurocrine vs. Viridian

__timestampNeurocrine Biosciences, Inc.Viridian Therapeutics, Inc.
Wednesday, January 1, 2014179860007751000
Thursday, January 1, 20153248000010251000
Friday, January 1, 2016680810009575000
Sunday, January 1, 201716990600010912000
Monday, January 1, 201824893200011049000
Tuesday, January 1, 201935410000011646000
Wednesday, January 1, 202043330000013265000
Friday, January 1, 202158330000025805000
Saturday, January 1, 202275270000035182000
Sunday, January 1, 202388760000094999000
Monday, January 1, 20241007200000
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Unlocking the unknown

SG&A Expenses: A Tale of Two Biotech Companies

In the competitive world of biotechnology, managing expenses is crucial for success. This chart highlights the Selling, General, and Administrative (SG&A) expenses of Neurocrine Biosciences, Inc. and Viridian Therapeutics, Inc. over the past decade. Neurocrine Biosciences has seen a staggering increase in SG&A expenses, growing nearly 50 times from 2014 to 2023. In contrast, Viridian Therapeutics has maintained a more modest growth, with expenses increasing by approximately 12 times over the same period.

Key Insights

  • Neurocrine Biosciences: From 2014 to 2023, SG&A expenses surged from $18 million to $888 million, reflecting the company's aggressive expansion and investment in administrative capabilities.
  • Viridian Therapeutics: Starting at $7.8 million in 2014, expenses reached $95 million by 2023, indicating a steady but controlled growth strategy.

This comparison offers a fascinating glimpse into how two companies navigate financial strategies in the biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025