__timestamp | Novavax, Inc. | Vertex Pharmaceuticals Incorporated |
---|---|---|
Wednesday, January 1, 2014 | 19928000 | 305409000 |
Thursday, January 1, 2015 | 30842000 | 377080000 |
Friday, January 1, 2016 | 46527000 | 432829000 |
Sunday, January 1, 2017 | 34451000 | 496079000 |
Monday, January 1, 2018 | 34409000 | 557616000 |
Tuesday, January 1, 2019 | 34417000 | 658498000 |
Wednesday, January 1, 2020 | 145290000 | 770456000 |
Friday, January 1, 2021 | 298358000 | 840100000 |
Saturday, January 1, 2022 | 488691000 | 944700000 |
Sunday, January 1, 2023 | 468946000 | 1136600000 |
Monday, January 1, 2024 | 1464300000 |
Igniting the spark of knowledge
In the competitive world of biotechnology, understanding financial trends is crucial. Over the past decade, Vertex Pharmaceuticals and Novavax have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Vertex's SG&A expenses surged by approximately 270%, reflecting its aggressive expansion and market penetration strategies. In contrast, Novavax's expenses increased by nearly 2,250%, highlighting its rapid growth and scaling efforts, especially during the pandemic years.
By 2023, Vertex's SG&A expenses reached over 1.1 billion, a testament to its established market presence. Meanwhile, Novavax, with expenses nearing half a billion, underscores its emerging status in the biotech arena. This financial narrative not only showcases the companies' strategic priorities but also offers insights into their operational dynamics and market positioning.
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