Cost Management Insights: SG&A Expenses for Ascendis Pharma A/S and Protagonist Therapeutics, Inc.

Biotech Giants: A Decade of SG&A Expense Trends

__timestampAscendis Pharma A/SProtagonist Therapeutics, Inc.
Wednesday, January 1, 201462740001860000
Thursday, January 1, 201594150002963000
Friday, January 1, 2016115040006961000
Sunday, January 1, 20171348200011779000
Monday, January 1, 20182505700013697000
Tuesday, January 1, 20194847300015749000
Wednesday, January 1, 20207666900018638000
Friday, January 1, 202116018000027196000
Saturday, January 1, 202222122700031739000
Sunday, January 1, 202326441000033491000
Monday, January 1, 2024284545000
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Unleashing insights

Navigating SG&A Expenses: A Tale of Two Biotechs

In the competitive world of biotechnology, effective cost management is crucial for success. Ascendis Pharma A/S and Protagonist Therapeutics, Inc. have demonstrated contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses over the past decade. Ascendis Pharma has seen a staggering increase of over 4,100% in SG&A expenses from 2014 to 2023, reflecting its aggressive growth strategy and expansion efforts. In contrast, Protagonist Therapeutics has maintained a more conservative approach, with a 1,700% increase over the same period. This divergence highlights the different strategic priorities of these companies, with Ascendis focusing on rapid scaling and Protagonist emphasizing steady growth. As the biotech industry continues to evolve, understanding these financial dynamics offers valuable insights into the operational strategies that drive success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025