Cost Management Insights: SG&A Expenses for Amicus Therapeutics, Inc. and Novavax, Inc.

Biotech SG&A Trends: Amicus vs. Novavax

__timestampAmicus Therapeutics, Inc.Novavax, Inc.
Wednesday, January 1, 20142071700019928000
Thursday, January 1, 20154726900030842000
Friday, January 1, 20167115100046527000
Sunday, January 1, 20178867100034451000
Monday, January 1, 201812720000034409000
Tuesday, January 1, 201916986100034417000
Wednesday, January 1, 2020156407000145290000
Friday, January 1, 2021192710000298358000
Saturday, January 1, 2022213041000488691000
Sunday, January 1, 2023275270000468946000
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Igniting the spark of knowledge

Navigating SG&A Expenses: A Tale of Two Biotechs

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025