| __timestamp | Corcept Therapeutics Incorporated | Cytokinetics, Incorporated |
|---|---|---|
| Wednesday, January 1, 2014 | 34916000 | 17268000 |
| Thursday, January 1, 2015 | 36949000 | 19667000 |
| Friday, January 1, 2016 | 45240000 | 27823000 |
| Sunday, January 1, 2017 | 62416000 | 36468000 |
| Monday, January 1, 2018 | 81289000 | 31282000 |
| Tuesday, January 1, 2019 | 100359000 | 39610000 |
| Wednesday, January 1, 2020 | 105326000 | 52820000 |
| Friday, January 1, 2021 | 122356000 | 96803000 |
| Saturday, January 1, 2022 | 152848000 | 177977000 |
| Sunday, January 1, 2023 | 184259000 | 173612000 |
Unleashing the power of data
In the competitive world of biotechnology, strategic spending on Selling, General, and Administrative (SG&A) expenses can be a key differentiator. Over the past decade, Corcept Therapeutics Incorporated and Cytokinetics, Incorporated have demonstrated distinct spending trajectories.
From 2014 to 2023, Corcept's SG&A expenses surged by over 400%, reflecting a robust growth strategy. This consistent increase underscores their commitment to expanding market presence and operational capabilities.
Cytokinetics, on the other hand, exhibited a more volatile pattern. While their SG&A expenses grew by approximately 900% from 2014 to 2022, a slight dip in 2023 suggests a strategic recalibration.
These spending patterns highlight the diverse strategies employed by biotech firms to navigate market challenges and opportunities. As the industry evolves, understanding these financial dynamics becomes crucial for stakeholders and investors.
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