| __timestamp | Insmed Incorporated | Vericel Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 31073000 | 13774000 |
| Thursday, January 1, 2015 | 43216000 | 22479000 |
| Friday, January 1, 2016 | 50679000 | 27388000 |
| Sunday, January 1, 2017 | 79171000 | 35610000 |
| Monday, January 1, 2018 | 168218000 | 49007000 |
| Tuesday, January 1, 2019 | 210796000 | 61139000 |
| Wednesday, January 1, 2020 | 203613000 | 68836000 |
| Friday, January 1, 2021 | 234273000 | 97592000 |
| Saturday, January 1, 2022 | 265784000 | 106903000 |
| Sunday, January 1, 2023 | 344501000 | 120998000 |
Unleashing the power of data
In the competitive landscape of biotechnology, effective cost management is crucial. Insmed Incorporated and Vericel Corporation, two prominent players, have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Insmed's SG&A expenses surged by over 1,000%, reflecting its aggressive growth strategy. In contrast, Vericel's expenses increased by approximately 780%, indicating a more measured expansion.
In 2014, Insmed's SG&A expenses were just over $31 million, while Vericel's were around $14 million. Fast forward to 2023, and Insmed's expenses have ballooned to $345 million, with Vericel reaching $121 million. This growth underscores the dynamic nature of the biotech industry, where strategic investments in administration and sales can drive significant business transformation.
Novo Nordisk A/S and Vericel Corporation: SG&A Spending Patterns Compared
Comparing SG&A Expenses: Amgen Inc. vs Insmed Incorporated Trends and Insights
Breaking Down SG&A Expenses: BeiGene, Ltd. vs Insmed Incorporated
Insmed Incorporated vs Walgreens Boots Alliance, Inc.: SG&A Expense Trends
Insmed Incorporated and Blueprint Medicines Corporation: SG&A Spending Patterns Compared
Insmed Incorporated or Exelixis, Inc.: Who Manages SG&A Costs Better?
Comparing SG&A Expenses: Insmed Incorporated vs Ultragenyx Pharmaceutical Inc. Trends and Insights
Cost Management Insights: SG&A Expenses for Insmed Incorporated and Geron Corporation
Breaking Down SG&A Expenses: Walgreens Boots Alliance, Inc. vs Vericel Corporation
Comparing SG&A Expenses: Jazz Pharmaceuticals plc vs Vericel Corporation Trends and Insights
Amicus Therapeutics, Inc. or Vericel Corporation: Who Manages SG&A Costs Better?
Cost Management Insights: SG&A Expenses for Vericel Corporation and Catalyst Pharmaceuticals, Inc.