Dynavax Technologies Corporation vs MiMedx Group, Inc.: SG&A Expense Trends

Biotech Giants' SG&A Expenses: A Decade of Divergence

__timestampDynavax Technologies CorporationMiMedx Group, Inc.
Wednesday, January 1, 20141776300090480000
Thursday, January 1, 201522180000133384000
Friday, January 1, 201637257000179997000
Sunday, January 1, 201727367000220119000
Monday, January 1, 201864770000258528000
Tuesday, January 1, 201974986000198205000
Wednesday, January 1, 202079256000181022000
Friday, January 1, 2021100156000198359000
Saturday, January 1, 2022131408000208789000
Sunday, January 1, 2023152946000211124000
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In pursuit of knowledge

SG&A Expense Trends: Dynavax vs. MiMedx

In the competitive landscape of biotechnology, understanding financial trends is crucial. Over the past decade, Dynavax Technologies Corporation and MiMedx Group, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Dynavax's SG&A expenses surged by over 760%, reflecting strategic investments in growth and innovation. In contrast, MiMedx's expenses increased by approximately 133%, indicating a more stable financial strategy.

Key Insights

  • 2014-2018: MiMedx consistently outspent Dynavax, peaking in 2018 with expenses nearly 3.5 times higher.
  • 2019-2023: Dynavax closed the gap, with its 2023 expenses reaching 72% of MiMedx's.

These trends highlight differing corporate strategies, with Dynavax aggressively expanding its operational footprint, while MiMedx maintains a steady course. Investors and stakeholders should consider these patterns when evaluating potential growth and risk factors.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025