Cost Management Insights: SG&A Expenses for Blueprint Medicines Corporation and Dynavax Technologies Corporation

Biotech SG&A: Blueprint vs. Dynavax Expense Trends

__timestampBlueprint Medicines CorporationDynavax Technologies Corporation
Wednesday, January 1, 2014789000017763000
Thursday, January 1, 20151445600022180000
Friday, January 1, 20161921800037257000
Sunday, January 1, 20172798600027367000
Monday, January 1, 20184792800064770000
Tuesday, January 1, 20199638800074986000
Wednesday, January 1, 202015774300079256000
Friday, January 1, 2021195293000100156000
Saturday, January 1, 2022237374000131408000
Sunday, January 1, 2023295141000152946000
Monday, January 1, 2024359272000
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Unlocking the unknown

Navigating SG&A Expenses: A Tale of Two Biotechs

In the dynamic world of biotechnology, effective cost management is crucial for sustaining growth and innovation. Blueprint Medicines Corporation and Dynavax Technologies Corporation, two prominent players in the industry, have demonstrated contrasting trends in their Selling, General, and Administrative (SG&A) expenses over the past decade.

From 2014 to 2023, Blueprint Medicines saw a staggering increase in SG&A expenses, growing nearly 3,700% from approximately $7.9 million to $295 million. This reflects their aggressive expansion and investment in operational capabilities. In contrast, Dynavax Technologies experienced a more moderate rise of about 760%, from $17.8 million to $153 million, indicating a more conservative approach to scaling operations.

These trends highlight the diverse strategies employed by biotech firms in managing costs while pursuing growth, offering valuable insights for investors and industry stakeholders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025