__timestamp | CymaBay Therapeutics, Inc. | Geron Corporation |
---|---|---|
Wednesday, January 1, 2014 | 8185000 | 16758000 |
Thursday, January 1, 2015 | 8871000 | 17793000 |
Friday, January 1, 2016 | 9645000 | 18761000 |
Sunday, January 1, 2017 | 12387000 | 19287000 |
Monday, January 1, 2018 | 14381000 | 18707000 |
Tuesday, January 1, 2019 | 19238000 | 20893000 |
Wednesday, January 1, 2020 | 17425000 | 25678000 |
Friday, January 1, 2021 | 23040000 | 29665000 |
Saturday, January 1, 2022 | 25116000 | 43628000 |
Sunday, January 1, 2023 | 51953000 | 69135000 |
Unveiling the hidden dimensions of data
In the competitive landscape of biotechnology, understanding financial trends is crucial. Over the past decade, from 2014 to 2023, CymaBay Therapeutics, Inc. and Geron Corporation have shown significant shifts in their Selling, General, and Administrative (SG&A) expenses. CymaBay's SG&A expenses surged by over 500%, from approximately $8 million in 2014 to over $51 million in 2023. Meanwhile, Geron Corporation's expenses increased by around 300%, reaching nearly $69 million in 2023 from $17 million in 2014. This upward trend reflects strategic investments in operational growth and market expansion. Notably, both companies experienced their most substantial expense increases between 2021 and 2023, indicating a period of aggressive scaling. These financial insights provide a window into the strategic priorities of these biotech firms, highlighting their commitment to innovation and market presence.
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