Comparing SG&A Expenses: Regeneron Pharmaceuticals, Inc. vs MorphoSys AG Trends and Insights

Biotech Giants' SG&A Expenses: A Decade of Strategic Spending

__timestampMorphoSys AGRegeneron Pharmaceuticals, Inc.
Wednesday, January 1, 20149689000504755000
Thursday, January 1, 201510431000838526000
Friday, January 1, 201696180001177697000
Sunday, January 1, 2017123480001320433000
Monday, January 1, 2018283102411556200000
Tuesday, January 1, 2019593361471834800000
Wednesday, January 1, 20201591459411346000000
Friday, January 1, 20211998000001824900000
Saturday, January 1, 2022902250002115900000
Sunday, January 1, 2023925380002631300000
Monday, January 1, 20242954400000
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Unlocking the unknown

SG&A Expenses: A Tale of Two Biotech Giants

In the competitive world of biotechnology, understanding the financial strategies of industry leaders is crucial. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Regeneron Pharmaceuticals, Inc. and MorphoSys AG from 2014 to 2023. Over this period, Regeneron consistently outspent MorphoSys, with its SG&A expenses peaking at approximately $2.63 billion in 2023, a staggering 2,740% higher than MorphoSys's $92.5 million. This trend highlights Regeneron's aggressive investment in administrative and sales functions, potentially fueling its market dominance. Meanwhile, MorphoSys's expenses, though modest, have shown a steady increase, reflecting its strategic growth efforts. The data underscores the contrasting financial strategies of these biotech giants, offering insights into their operational priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025