Comparing SG&A Expenses: TG Therapeutics, Inc. vs Celldex Therapeutics, Inc. Trends and Insights

Biotech SG&A Expenses: TG vs. Celldex, 2014-2023

__timestampCelldex Therapeutics, Inc.TG Therapeutics, Inc.
Wednesday, January 1, 20142062200024518692
Thursday, January 1, 20153383700019886580
Friday, January 1, 20163597900012631689
Sunday, January 1, 20172500300021977998
Monday, January 1, 20181926900020759000
Tuesday, January 1, 20191542600020838000
Wednesday, January 1, 202014456000121812000
Friday, January 1, 202120488000152137000
Saturday, January 1, 20222719500083231000
Sunday, January 1, 202330914000122706000
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Infusing magic into the data realm

SG&A Expenses: A Tale of Two Biotech Companies

In the competitive world of biotechnology, managing expenses is crucial for success. This chart compares the Selling, General, and Administrative (SG&A) expenses of TG Therapeutics, Inc. and Celldex Therapeutics, Inc. from 2014 to 2023. Over this period, TG Therapeutics saw a dramatic increase in SG&A expenses, peaking at approximately 152 million in 2021, a staggering 500% rise from 2016. In contrast, Celldex Therapeutics maintained a more stable expense pattern, with a modest 50% increase from 2014 to 2023. This divergence highlights TG Therapeutics' aggressive expansion strategy, while Celldex appears to focus on steady growth. Understanding these trends provides valuable insights into each company's operational strategies and market positioning. As the biotech industry continues to evolve, monitoring such financial metrics will be key to predicting future success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025