Cost Management Insights: SG&A Expenses for Alnylam Pharmaceuticals, Inc. and MorphoSys AG

Biotech SG&A Expenses: Alnylam vs. MorphoSys

__timestampAlnylam Pharmaceuticals, Inc.MorphoSys AG
Wednesday, January 1, 2014445260009689000
Thursday, January 1, 20156061000010431000
Friday, January 1, 2016893540009618000
Sunday, January 1, 201719936500012348000
Monday, January 1, 201838235900028310241
Tuesday, January 1, 201947900500059336147
Wednesday, January 1, 2020588420000159145941
Friday, January 1, 2021620639000199800000
Saturday, January 1, 202277065800090225000
Sunday, January 1, 202379564600092538000
Monday, January 1, 2024975526000
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Data in motion

Navigating SG&A Expenses: A Tale of Two Biotechs

In the competitive world of biotechnology, effective cost management is crucial. Alnylam Pharmaceuticals, Inc. and MorphoSys AG, two prominent players, have shown contrasting trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Alnylam's SG&A expenses surged by over 1,600%, reflecting its aggressive expansion and investment in operational capabilities. In contrast, MorphoSys AG's expenses grew by approximately 850%, indicating a more conservative approach.

Key Insights

  • Alnylam Pharmaceuticals: Witnessed a significant increase in SG&A expenses, peaking in 2023, which suggests a strategic focus on scaling operations.
  • MorphoSys AG: Despite a steady rise, its expenses remained significantly lower than Alnylam's, highlighting a different strategic focus.

These trends underscore the diverse strategies employed by biotech firms in managing operational costs, offering valuable insights for investors and industry analysts.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025