Comparing SG&A Expenses: Veracyte, Inc. vs Dynavax Technologies Corporation Trends and Insights

Biotech SG&A Expenses: Veracyte vs. Dynavax

__timestampDynavax Technologies CorporationVeracyte, Inc.
Wednesday, January 1, 20141776300040786000
Thursday, January 1, 20152218000047876000
Friday, January 1, 20163725700052035000
Sunday, January 1, 20172736700055348000
Monday, January 1, 20186477000065276000
Tuesday, January 1, 20197498600082720000
Wednesday, January 1, 20207925600089118000
Friday, January 1, 2021100156000181193000
Saturday, January 1, 2022131408000174078000
Sunday, January 1, 2023152946000184232000
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Data in motion

SG&A Expenses: A Tale of Two Biotech Companies

In the competitive landscape of biotechnology, understanding financial trends is crucial. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Veracyte, Inc. and Dynavax Technologies Corporation from 2014 to 2023. Over this period, Veracyte's SG&A expenses grew by approximately 350%, peaking in 2023. Meanwhile, Dynavax saw a staggering increase of over 750%, reflecting its aggressive expansion strategy. Notably, both companies experienced significant jumps in 2021, with Veracyte's expenses nearly doubling from the previous year. This trend highlights the increasing operational costs in the biotech sector, driven by innovation and market expansion. Investors and stakeholders should consider these financial dynamics when evaluating the long-term viability and strategic direction of these companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025