CymaBay Therapeutics, Inc. vs Iovance Biotherapeutics, Inc.: SG&A Expense Trends

Biotech Giants' SG&A Expenses: A Decade of Growth and Strategy

__timestampCymaBay Therapeutics, Inc.Iovance Biotherapeutics, Inc.
Wednesday, January 1, 201481850009335772
Thursday, January 1, 2015887100012390000
Friday, January 1, 2016964500025602000
Sunday, January 1, 20171238700021262000
Monday, January 1, 20181438100028430000
Tuesday, January 1, 20191923800040849000
Wednesday, January 1, 20201742500060210000
Friday, January 1, 20212304000083664000
Saturday, January 1, 202225116000104097000
Sunday, January 1, 202351953000106916000
Loading chart...

Unveiling the hidden dimensions of data

SG&A Expense Trends: CymaBay vs. Iovance

In the competitive landscape of biotechnology, understanding financial trends is crucial. Over the past decade, CymaBay Therapeutics, Inc. and Iovance Biotherapeutics, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Iovance's SG&A expenses surged by over 1,000%, peaking at approximately $107 million in 2023. In contrast, CymaBay's expenses increased by around 535%, reaching nearly $52 million in the same year. This stark difference highlights Iovance's aggressive expansion strategy compared to CymaBay's more measured approach. Notably, both companies experienced their most significant expense growth between 2021 and 2023, reflecting broader industry trends. As these companies continue to innovate, monitoring their financial strategies will provide insights into their future market positions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025