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

Biotech SG&A Trends: Exelixis vs. Travere

__timestampExelixis, Inc.Travere Therapeutics, Inc.
Wednesday, January 1, 20145082900059644696
Thursday, January 1, 20155730500079541000
Friday, January 1, 201611614500098015000
Sunday, January 1, 2017159362000103958000
Monday, January 1, 2018206366000103654000
Tuesday, January 1, 2019228244000128951000
Wednesday, January 1, 2020293355000135799000
Friday, January 1, 2021401715000149883000
Saturday, January 1, 2022459856000220206000
Sunday, January 1, 2023542705000265542000
Monday, January 1, 2024492128000
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Infusing magic into the data realm

Navigating SG&A Expenses: A Tale of Two Biotechs

In the competitive landscape of biotechnology, effective cost management is crucial. Exelixis, Inc. and Travere Therapeutics, Inc. have demonstrated contrasting trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Exelixis saw a staggering 967% increase in SG&A expenses, peaking at approximately $543 million in 2023. This growth reflects their aggressive expansion and investment in operational capabilities. In contrast, Travere Therapeutics experienced a more modest 345% rise, reaching around $266 million in the same year. This suggests a more conservative approach, possibly focusing on strategic cost control. These trends highlight the diverse strategies employed by biotech firms in managing operational costs, offering valuable insights for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025