Genmab A/S and Dynavax Technologies Corporation: SG&A Spending Patterns Compared

Biotech Giants' SG&A Spending: Genmab vs. Dynavax

__timestampDynavax Technologies CorporationGenmab A/S
Wednesday, January 1, 20141776300079529000
Thursday, January 1, 20152218000091224000
Friday, January 1, 201637257000102413000
Sunday, January 1, 201727367000146987000
Monday, January 1, 201864770000213695000
Tuesday, January 1, 201974986000342000000
Wednesday, January 1, 202079256000661000000
Friday, January 1, 20211001560001283000000
Saturday, January 1, 20221314080002676000000
Sunday, January 1, 20231529460003297000000
Monday, January 1, 20243790000000
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Unveiling the hidden dimensions of data

SG&A Spending Patterns: A Tale of Two Biotech Companies

In the dynamic world of biotechnology, understanding financial trends is crucial. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Genmab A/S and Dynavax Technologies Corporation from 2014 to 2023. Over this period, Genmab A/S has shown a remarkable increase in SG&A spending, growing by over 4,000%, from approximately $80 million in 2014 to nearly $3.3 billion in 2023. This surge reflects Genmab's aggressive expansion and investment in its operational capabilities. In contrast, Dynavax Technologies Corporation's SG&A expenses have increased by about 760%, from $18 million to $153 million, indicating a more conservative growth strategy. These spending patterns highlight the differing strategic approaches of these two companies in navigating the competitive biotech landscape. As the industry evolves, monitoring such financial metrics will be key to understanding future market dynamics.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025