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

Biotech Cost Strategies: Ionis vs. Travere SG&A Trends

__timestampIonis Pharmaceuticals, Inc.Travere Therapeutics, Inc.
Wednesday, January 1, 20142014000059644696
Thursday, January 1, 20153717300079541000
Friday, January 1, 20164861600098015000
Sunday, January 1, 2017108488000103958000
Monday, January 1, 2018244622000103654000
Tuesday, January 1, 2019287000000128951000
Wednesday, January 1, 2020354000000135799000
Friday, January 1, 2021186000000149883000
Saturday, January 1, 2022151000000220206000
Sunday, January 1, 2023232600000265542000
Monday, January 1, 2024267474000
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In pursuit of knowledge

Navigating SG&A Expenses: A Tale of Two Biotechs

In the dynamic world of biotechnology, managing costs is crucial for sustaining innovation and growth. Ionis Pharmaceuticals, Inc. and Travere Therapeutics, Inc. have demonstrated distinct trajectories in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Ionis Pharmaceuticals saw a staggering increase of over 1,000% in SG&A expenses, peaking in 2020. This reflects their aggressive expansion and investment in administrative capabilities. Meanwhile, Travere Therapeutics experienced a more moderate rise of approximately 345%, with a notable surge in 2023, indicating strategic scaling efforts. These trends highlight the companies' differing approaches to cost management in a competitive industry. As investors and stakeholders analyze these patterns, understanding the balance between expenditure and innovation becomes paramount for predicting future success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025