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

Biotech SG&A Expenses: ADMA vs. Rhythm's Growth Strategies

__timestampADMA Biologics, Inc.Rhythm Pharmaceuticals, Inc.
Wednesday, January 1, 201448238691213000
Thursday, January 1, 201567459683425000
Friday, January 1, 201684947426311000
Sunday, January 1, 2017180928359518000
Monday, January 1, 20182250292228080000
Tuesday, January 1, 20192591075736550000
Wednesday, January 1, 20203505081746125000
Friday, January 1, 20214289688968486000
Saturday, January 1, 20225245802492032000
Sunday, January 1, 202359020000117532000
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Infusing magic into the data realm

Navigating SG&A Expenses: A Tale of Two Biotechs

In the dynamic world of biotechnology, effective cost management is crucial for sustaining growth and innovation. Over the past decade, ADMA Biologics, Inc. and Rhythm 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 approximately 1,100%. This reflects their strategic investments in expanding operations and market reach. In contrast, Rhythm Pharmaceuticals experienced a staggering 9,600% rise in the same period, highlighting their aggressive expansion and development strategies.

By 2023, Rhythm Pharmaceuticals' SG&A expenses were nearly double those of ADMA Biologics, indicating a more rapid scale-up. These insights underscore the importance of balancing cost management with growth ambitions in the biotech sector, where financial agility can be a key differentiator.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025