Cost Management Insights: SG&A Expenses for Intra-Cellular Therapies, Inc. and Ascendis Pharma A/S

SG&A Expenses: Biopharma Giants' Cost Management Trends

__timestampAscendis Pharma A/SIntra-Cellular Therapies, Inc.
Wednesday, January 1, 2014627400010337679
Thursday, January 1, 2015941500018187286
Friday, January 1, 20161150400024758063
Sunday, January 1, 20171348200023666957
Monday, January 1, 20182505700030099855
Tuesday, January 1, 20194847300064947625
Wednesday, January 1, 202076669000186363444
Friday, January 1, 2021160180000272611040
Saturday, January 1, 2022221227000358782000
Sunday, January 1, 2023264410000409864000
Monday, January 1, 2024284545000
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Igniting the spark of knowledge

Navigating SG&A Expenses: A Tale of Two Biopharma Giants

In the competitive landscape of biopharmaceuticals, effective cost management is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Intra-Cellular Therapies, Inc. and Ascendis Pharma A/S from 2014 to 2023. Over this period, Intra-Cellular Therapies, Inc. saw a staggering 3,865% increase in SG&A expenses, peaking in 2023. Ascendis Pharma A/S, while also experiencing growth, expanded its SG&A expenses by approximately 4,110% during the same timeframe. This trend highlights the escalating costs associated with scaling operations and market expansion. Notably, both companies showed significant jumps in expenses post-2019, reflecting strategic investments in marketing and administrative capabilities. As these companies continue to innovate, understanding their cost structures provides valuable insights into their operational strategies and financial health.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025