| __timestamp | Celldex Therapeutics, Inc. | Corcept Therapeutics Incorporated |
|---|---|---|
| Wednesday, January 1, 2014 | 20622000 | 34916000 |
| Thursday, January 1, 2015 | 33837000 | 36949000 |
| Friday, January 1, 2016 | 35979000 | 45240000 |
| Sunday, January 1, 2017 | 25003000 | 62416000 |
| Monday, January 1, 2018 | 19269000 | 81289000 |
| Tuesday, January 1, 2019 | 15426000 | 100359000 |
| Wednesday, January 1, 2020 | 14456000 | 105326000 |
| Friday, January 1, 2021 | 20488000 | 122356000 |
| Saturday, January 1, 2022 | 27195000 | 152848000 |
| Sunday, January 1, 2023 | 30914000 | 184259000 |
Unleashing insights
In the competitive world of biotechnology, managing operational costs is crucial for success. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Corcept Therapeutics Incorporated and Celldex Therapeutics, Inc. over the past decade. From 2014 to 2023, Corcept Therapeutics has seen a staggering 428% increase in SG&A expenses, reflecting its aggressive growth strategy. In contrast, Celldex Therapeutics experienced a more modest 50% rise, indicating a more conservative approach.
Corcept's expenses surged from approximately $35 million in 2014 to nearly $184 million in 2023, highlighting its expansion efforts. Meanwhile, Celldex's expenses grew from $20 million to $31 million, suggesting a focus on sustainable growth. These trends offer valuable insights into each company's strategic priorities and market positioning, providing investors with a clearer picture of their operational dynamics.
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