__timestamp | Amicus Therapeutics, Inc. | Novavax, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 20717000 | 19928000 |
Thursday, January 1, 2015 | 47269000 | 30842000 |
Friday, January 1, 2016 | 71151000 | 46527000 |
Sunday, January 1, 2017 | 88671000 | 34451000 |
Monday, January 1, 2018 | 127200000 | 34409000 |
Tuesday, January 1, 2019 | 169861000 | 34417000 |
Wednesday, January 1, 2020 | 156407000 | 145290000 |
Friday, January 1, 2021 | 192710000 | 298358000 |
Saturday, January 1, 2022 | 213041000 | 488691000 |
Sunday, January 1, 2023 | 275270000 | 468946000 |
Igniting the spark of knowledge
In the dynamic world of biotechnology, managing costs is crucial for survival and growth. Amicus Therapeutics, Inc. and Novavax, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Amicus Therapeutics saw a steady increase in SG&A expenses, peaking at approximately 275% of their 2014 levels by 2023. This reflects their strategic investments in expanding operations and market reach. Meanwhile, Novavax, Inc. experienced a more volatile journey, with a dramatic surge in expenses, especially post-2020, reaching nearly 470% of their 2014 levels by 2023. This spike aligns with their aggressive push in vaccine development during the pandemic era. Understanding these trends offers valuable insights into how these companies navigate financial challenges and opportunities in the biotech sector.
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