| __timestamp | Summit Therapeutics Inc. | Wave Life Sciences Ltd. |
|---|---|---|
| Wednesday, January 1, 2014 | 6795238 | 2999000 |
| Thursday, January 1, 2015 | 7454247 | 10393000 |
| Friday, January 1, 2016 | 10345862 | 15994000 |
| Sunday, January 1, 2017 | 16984203 | 26975000 |
| Monday, January 1, 2018 | 16187290 | 39509000 |
| Tuesday, January 1, 2019 | 9299233.54 | 48869000 |
| Wednesday, January 1, 2020 | 19232000 | 42510000 |
| Friday, January 1, 2021 | 23611000 | 46105000 |
| Saturday, January 1, 2022 | 26700000 | 50513000 |
| Sunday, January 1, 2023 | 28215000 | 51292000 |
Data in motion
In the competitive world of biotechnology, managing operational costs is crucial. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Summit Therapeutics Inc. and Wave Life Sciences Ltd. from 2014 to 2023. Over this period, Wave Life Sciences consistently outpaced Summit Therapeutics in SG&A spending, with a peak in 2023 where their expenses were nearly 82% higher. Summit Therapeutics, however, showed a steady increase, with a notable 315% rise from 2014 to 2023. This trend highlights the strategic financial decisions each company has made in their quest for innovation and market leadership. Understanding these expenses provides insight into their operational strategies and potential future growth.
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