__timestamp | CRISPR Therapeutics AG | Soleno Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 5114000 | 2917513 |
Thursday, January 1, 2015 | 13403000 | 7878291 |
Friday, January 1, 2016 | 31056000 | 8366794 |
Sunday, January 1, 2017 | 35845000 | 6610381 |
Monday, January 1, 2018 | 48294000 | 6556000 |
Tuesday, January 1, 2019 | 63488000 | 6930000 |
Wednesday, January 1, 2020 | 88208000 | 8758000 |
Friday, January 1, 2021 | 102802000 | 10806000 |
Saturday, January 1, 2022 | 102464000 | 9844000 |
Sunday, January 1, 2023 | 76162000 | 13481000 |
Monday, January 1, 2024 | 72977000 |
Unlocking the unknown
In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. CRISPR Therapeutics AG and Soleno Therapeutics, Inc. offer a fascinating comparison. Over the past decade, CRISPR Therapeutics has seen its SG&A expenses grow significantly, peaking in 2021 with a 1,700% increase from 2014. In contrast, Soleno Therapeutics has maintained a more stable trajectory, with expenses increasing by approximately 360% over the same period.
CRISPR's aggressive expansion strategy is evident in its rising costs, reflecting its commitment to innovation and market penetration. Meanwhile, Soleno's steadier approach suggests a focus on sustainable growth. As of 2023, CRISPR's expenses have slightly decreased, indicating a potential shift towards cost optimization. Investors and industry watchers should consider these trends when evaluating the financial strategies of these biotech players.
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