CRISPR Therapeutics AG or Soleno Therapeutics, Inc.: Who Manages SG&A Costs Better?

Biotech Giants: A Decade of SG&A Cost Management

__timestampCRISPR Therapeutics AGSoleno Therapeutics, Inc.
Wednesday, January 1, 201451140002917513
Thursday, January 1, 2015134030007878291
Friday, January 1, 2016310560008366794
Sunday, January 1, 2017358450006610381
Monday, January 1, 2018482940006556000
Tuesday, January 1, 2019634880006930000
Wednesday, January 1, 2020882080008758000
Friday, January 1, 202110280200010806000
Saturday, January 1, 20221024640009844000
Sunday, January 1, 20237616200013481000
Monday, January 1, 202472977000
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Unlocking the unknown

Managing SG&A Costs: A Tale of Two Biotechs

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.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025