Cost Management Insights: SG&A Expenses for Lantheus Holdings, Inc. and ADMA Biologics, Inc.

Biotech SG&A Expenses: A Decade of Strategic Growth

__timestampADMA Biologics, Inc.Lantheus Holdings, Inc.
Wednesday, January 1, 2014482386972429000
Thursday, January 1, 2015674596878634000
Friday, January 1, 2016849474275374000
Sunday, January 1, 20171809283592157000
Monday, January 1, 20182250292293326000
Tuesday, January 1, 201925910757103132000
Wednesday, January 1, 202035050817110171000
Friday, January 1, 202142896889218817000
Saturday, January 1, 202252458024233827000
Sunday, January 1, 202359020000267194000
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Data in motion

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

In the competitive landscape of biotechnology, effective cost management is crucial. Over the past decade, Lantheus Holdings, Inc. and ADMA Biologics, Inc. have demonstrated contrasting strategies in managing their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Lantheus Holdings saw a steady increase in SG&A expenses, peaking at approximately $267 million in 2023, reflecting a 270% rise from 2014. This growth underscores their aggressive expansion and investment in operational capabilities. Meanwhile, ADMA Biologics, Inc. experienced a more moderate increase, with expenses growing by nearly 1,100% over the same period, reaching around $59 million in 2023. This significant rise highlights their strategic focus on scaling operations and market penetration. Understanding these trends offers valuable insights into how these companies balance growth and cost efficiency in a rapidly evolving industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025