Cost Management Insights: SG&A Expenses for ADMA Biologics, Inc. and Apellis Pharmaceuticals, Inc.

Biotech SG&A Expenses: ADMA vs. Apellis Over a Decade

__timestampADMA Biologics, Inc.Apellis Pharmaceuticals, Inc.
Wednesday, January 1, 201448238692908166
Thursday, January 1, 201567459686356782
Friday, January 1, 201684947424303743
Sunday, January 1, 20171809283510463151
Monday, January 1, 20182250292222639184
Tuesday, January 1, 20192591075767046483
Wednesday, January 1, 202035050817139401000
Friday, January 1, 202142896889176771000
Saturday, January 1, 202252458024277163000
Sunday, January 1, 202359020000500815000
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Unleashing insights

Navigating SG&A Expenses: A Tale of Two Biotech Firms

In the dynamic world of biotechnology, effective cost management is crucial for sustaining growth and innovation. Over the past decade, ADMA Biologics, Inc. and Apellis Pharmaceuticals, Inc. have demonstrated contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, ADMA Biologics saw a steady increase in SG&A expenses, growing by over 1,100%, reflecting their strategic investments in operational expansion. Meanwhile, Apellis Pharmaceuticals experienced a staggering rise of nearly 17,000% in the same period, indicating aggressive scaling and market penetration efforts. By 2023, Apellis's SG&A expenses were approximately 8.5 times higher than ADMA's, highlighting their divergent financial strategies. This comparison offers valuable insights into how biotech companies manage costs while navigating the complexities of the industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025