__timestamp | Agios Pharmaceuticals, Inc. | CRISPR Therapeutics AG |
---|---|---|
Wednesday, January 1, 2014 | 19120000 | 5114000 |
Thursday, January 1, 2015 | 35992000 | 13403000 |
Friday, January 1, 2016 | 50714000 | 31056000 |
Sunday, January 1, 2017 | 71124000 | 35845000 |
Monday, January 1, 2018 | 114145000 | 48294000 |
Tuesday, January 1, 2019 | 132034000 | 63488000 |
Wednesday, January 1, 2020 | 149070000 | 88208000 |
Friday, January 1, 2021 | 121445000 | 102802000 |
Saturday, January 1, 2022 | 121673000 | 102464000 |
Sunday, January 1, 2023 | 119903000 | 76162000 |
Monday, January 1, 2024 | 156784000 | 72977000 |
Igniting the spark of knowledge
In the dynamic world of biotechnology, understanding financial trends is crucial for investors and stakeholders. This analysis focuses on the Selling, General, and Administrative (SG&A) expenses of two pioneering companies: Agios Pharmaceuticals, Inc. and CRISPR Therapeutics AG, from 2014 to 2023.
Agios Pharmaceuticals has shown a steady increase in SG&A expenses, peaking in 2020 with a 680% rise from 2014. This growth reflects their aggressive expansion and investment in administrative capabilities.
CRISPR Therapeutics, known for its groundbreaking gene-editing technology, also saw a significant increase in SG&A expenses, with a 1,900% surge by 2021. However, a notable decline in 2023 suggests a strategic shift or cost optimization.
These trends highlight the contrasting strategies of these biotech giants, offering insights into their operational priorities and market positioning.
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