| __timestamp | Amicus Therapeutics, Inc. | Ligand Pharmaceuticals Incorporated |
|---|---|---|
| Wednesday, January 1, 2014 | 20717000 | 22570000 |
| Thursday, January 1, 2015 | 47269000 | 24378000 |
| Friday, January 1, 2016 | 71151000 | 26621000 |
| Sunday, January 1, 2017 | 88671000 | 28653000 |
| Monday, January 1, 2018 | 127200000 | 37734000 |
| Tuesday, January 1, 2019 | 169861000 | 41884000 |
| Wednesday, January 1, 2020 | 156407000 | 64435000 |
| Friday, January 1, 2021 | 192710000 | 57483000 |
| Saturday, January 1, 2022 | 213041000 | 70062000 |
| Sunday, January 1, 2023 | 275270000 | 52790000 |
In pursuit of knowledge
In the competitive landscape of biotechnology, effective cost management is crucial. Amicus Therapeutics, Inc. and Ligand Pharmaceuticals Incorporated, two prominent players, have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade.
Since 2014, Amicus Therapeutics has seen a consistent rise in SG&A expenses, peaking in 2023 with a 1,230% increase from 2014. This growth reflects their aggressive expansion and investment in operational capabilities.
Conversely, Ligand Pharmaceuticals has maintained a more stable SG&A trajectory, with a modest 134% increase over the same period. This suggests a strategic focus on cost efficiency while still supporting growth.
Understanding these trends offers valuable insights into how these companies manage their operational costs, providing a window into their strategic priorities and market positioning.
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