__timestamp | Biogen Inc. | Corcept Therapeutics Incorporated |
---|---|---|
Wednesday, January 1, 2014 | 2232342000 | 34916000 |
Thursday, January 1, 2015 | 2113100000 | 36949000 |
Friday, January 1, 2016 | 1947900000 | 45240000 |
Sunday, January 1, 2017 | 1935500000 | 62416000 |
Monday, January 1, 2018 | 2106300000 | 81289000 |
Tuesday, January 1, 2019 | 2374700000 | 100359000 |
Wednesday, January 1, 2020 | 2504500000 | 105326000 |
Friday, January 1, 2021 | 2674300000 | 122356000 |
Saturday, January 1, 2022 | 2403600000 | 152848000 |
Sunday, January 1, 2023 | 2549700000 | 184259000 |
Monday, January 1, 2024 | 2403700000 |
Unlocking the unknown
In the competitive world of biotechnology, effective cost management is crucial for sustaining growth and innovation. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Biogen Inc. and Corcept Therapeutics Incorporated from 2014 to 2023. Over this period, Biogen's SG&A expenses have shown a steady increase, peaking in 2021 with a 38% rise from 2014. Meanwhile, Corcept Therapeutics has experienced a remarkable surge, with expenses growing over 400% in the same timeframe. This stark contrast highlights the differing strategies and growth trajectories of these two companies. While Biogen's expenses reflect its established market presence, Corcept's rapid increase underscores its aggressive expansion efforts. Understanding these trends provides valuable insights into the financial strategies of leading biotech firms, offering a window into their operational priorities and market positioning.
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