Cost Management Insights: SG&A Expenses for Amicus Therapeutics, Inc. and Ligand Pharmaceuticals Incorporated

Biotech SG&A Trends: Amicus vs. Ligand

__timestampAmicus Therapeutics, Inc.Ligand Pharmaceuticals Incorporated
Wednesday, January 1, 20142071700022570000
Thursday, January 1, 20154726900024378000
Friday, January 1, 20167115100026621000
Sunday, January 1, 20178867100028653000
Monday, January 1, 201812720000037734000
Tuesday, January 1, 201916986100041884000
Wednesday, January 1, 202015640700064435000
Friday, January 1, 202119271000057483000
Saturday, January 1, 202221304100070062000
Sunday, January 1, 202327527000052790000
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Cracking the code

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

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.

Amicus Therapeutics: A Steady Climb

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.

Ligand Pharmaceuticals: A Balanced Approach

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025