Cost Management Insights: SG&A Expenses for Ultragenyx Pharmaceutical Inc. and BioCryst Pharmaceuticals, Inc.

Biotech SG&A Expenses: Ultragenyx vs. BioCryst (2014-2023)

__timestampBioCryst Pharmaceuticals, Inc.Ultragenyx Pharmaceutical Inc.
Wednesday, January 1, 2014746100010811000
Thursday, January 1, 20151304700033001000
Friday, January 1, 20161125300064936000
Sunday, January 1, 20171393300099909000
Monday, January 1, 201829514000127724000
Tuesday, January 1, 201937121000161524000
Wednesday, January 1, 202067929000182933000
Friday, January 1, 2021118818000219982000
Saturday, January 1, 2022159371000278139000
Sunday, January 1, 2023213894000309799000
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Unleashing insights

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

In the dynamic world of biotechnology, effective cost management is crucial for sustaining growth and innovation. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two prominent players: Ultragenyx Pharmaceutical Inc. and BioCryst Pharmaceuticals, Inc., from 2014 to 2023. Over this period, Ultragenyx consistently outpaced BioCryst in SG&A spending, reflecting its aggressive expansion strategy. By 2023, Ultragenyx's SG&A expenses surged by nearly 186% from 2014, reaching approximately $310 million. In contrast, BioCryst's expenses grew by an impressive 2,768%, peaking at around $214 million. This stark difference highlights Ultragenyx's larger scale and broader operational footprint. However, BioCryst's rapid increase in SG&A expenses suggests a strategic pivot towards scaling operations. Understanding these trends offers valuable insights into the financial strategies driving innovation in the biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025