Cost Management Insights: SG&A Expenses for Exelixis, Inc. and Corcept Therapeutics Incorporated

Biotech SG&A Expenses: Exelixis vs. Corcept

__timestampCorcept Therapeutics IncorporatedExelixis, Inc.
Wednesday, January 1, 20143491600050829000
Thursday, January 1, 20153694900057305000
Friday, January 1, 201645240000116145000
Sunday, January 1, 201762416000159362000
Monday, January 1, 201881289000206366000
Tuesday, January 1, 2019100359000228244000
Wednesday, January 1, 2020105326000293355000
Friday, January 1, 2021122356000401715000
Saturday, January 1, 2022152848000459856000
Sunday, January 1, 2023184259000542705000
Monday, January 1, 2024492128000
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Igniting the spark of knowledge

Navigating SG&A Expenses: A Tale of Two Biotech Firms

In the competitive world of biotechnology, effective cost management is crucial for sustained growth. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Exelixis, Inc. and Corcept Therapeutics Incorporated from 2014 to 2023. Over this period, Exelixis, Inc. has seen a staggering 967% increase in SG&A expenses, reflecting its aggressive expansion and investment in operational capabilities. Meanwhile, Corcept Therapeutics has experienced a 428% rise, indicating a more measured approach to scaling its operations.

Key Insights

  • Exelixis, Inc.: From 2014 to 2023, SG&A expenses surged from approximately $51 million to $543 million, highlighting a strategic focus on growth.
  • Corcept Therapeutics: Starting at $35 million in 2014, expenses reached $184 million by 2023, showcasing steady expansion.

These trends underscore the distinct strategies of these biotech players in managing operational costs.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025