| __timestamp | Corcept Therapeutics Incorporated | Iovance Biotherapeutics, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 34916000 | 9335772 |
| Thursday, January 1, 2015 | 36949000 | 12390000 |
| Friday, January 1, 2016 | 45240000 | 25602000 |
| Sunday, January 1, 2017 | 62416000 | 21262000 |
| Monday, January 1, 2018 | 81289000 | 28430000 |
| Tuesday, January 1, 2019 | 100359000 | 40849000 |
| Wednesday, January 1, 2020 | 105326000 | 60210000 |
| Friday, January 1, 2021 | 122356000 | 83664000 |
| Saturday, January 1, 2022 | 152848000 | 104097000 |
| Sunday, January 1, 2023 | 184259000 | 106916000 |
Unveiling the hidden dimensions of data
In the competitive landscape of biotechnology, effective cost management is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Corcept Therapeutics Incorporated and Iovance Biotherapeutics, Inc. over the past decade. From 2014 to 2023, Corcept Therapeutics has seen a remarkable increase in SG&A expenses, growing by over 400%, from approximately $35 million to $184 million. This reflects their aggressive expansion and investment in operational capabilities. In contrast, Iovance Biotherapeutics, Inc. has experienced a more moderate increase of around 1,000%, from $9 million to $107 million, indicating a steady scaling of their operations. These trends highlight the strategic financial decisions each company has made to support their growth and innovation in the biotech sector. Understanding these patterns provides valuable insights into how these companies are positioning themselves for future success.
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