Comparing SG&A Expenses: Vertex Pharmaceuticals Incorporated vs Novavax, Inc. Trends and Insights

Biotech Giants' SG&A Trends: Vertex vs. Novavax

__timestampNovavax, Inc.Vertex Pharmaceuticals Incorporated
Wednesday, January 1, 201419928000305409000
Thursday, January 1, 201530842000377080000
Friday, January 1, 201646527000432829000
Sunday, January 1, 201734451000496079000
Monday, January 1, 201834409000557616000
Tuesday, January 1, 201934417000658498000
Wednesday, January 1, 2020145290000770456000
Friday, January 1, 2021298358000840100000
Saturday, January 1, 2022488691000944700000
Sunday, January 1, 20234689460001136600000
Monday, January 1, 20241464300000
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Igniting the spark of knowledge

SG&A Expenses: A Tale of Two Biotech Giants

Vertex Pharmaceuticals vs. Novavax: A Decade of Financial Evolution

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025