CymaBay Therapeutics, Inc. or Amphastar Pharmaceuticals, Inc.: Who Manages SG&A Costs Better?

Biopharma SG&A: Amphastar vs. CymaBay Cost Management

__timestampAmphastar Pharmaceuticals, Inc.CymaBay Therapeutics, Inc.
Wednesday, January 1, 2014403730008185000
Thursday, January 1, 2015469740008871000
Friday, January 1, 2016472980009645000
Sunday, January 1, 20175091800012387000
Monday, January 1, 20185804400014381000
Tuesday, January 1, 20196310900019238000
Wednesday, January 1, 20206515700017425000
Friday, January 1, 20216892000023040000
Saturday, January 1, 20226659200025116000
Sunday, January 1, 20238039300051953000
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Managing SG&A Costs: A Tale of Two Biopharma Companies

In the competitive world of biopharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Amphastar Pharmaceuticals, Inc. and CymaBay Therapeutics, Inc. have shown contrasting approaches over the past decade. From 2014 to 2023, Amphastar's SG&A expenses grew by approximately 99%, peaking in 2023. In contrast, CymaBay's expenses surged by over 500% during the same period, indicating a more aggressive expansion strategy.

Amphastar's steady increase reflects a controlled growth strategy, maintaining an average annual increase of around 8%. Meanwhile, CymaBay's expenses, though initially lower, have escalated rapidly, suggesting significant investment in growth and development. This divergence highlights the strategic choices companies make in balancing cost management with growth ambitions. As investors and stakeholders evaluate these trends, understanding the nuances of SG&A management becomes essential for predicting future performance.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025