Geron Corporation or Celldex Therapeutics, Inc.: Who Manages SG&A Costs Better?

Biotech Giants: SG&A Cost Management Showdown

__timestampCelldex Therapeutics, Inc.Geron Corporation
Wednesday, January 1, 20142062200016758000
Thursday, January 1, 20153383700017793000
Friday, January 1, 20163597900018761000
Sunday, January 1, 20172500300019287000
Monday, January 1, 20181926900018707000
Tuesday, January 1, 20191542600020893000
Wednesday, January 1, 20201445600025678000
Friday, January 1, 20212048800029665000
Saturday, January 1, 20222719500043628000
Sunday, January 1, 20233091400069135000
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SG&A Cost Management: A Tale of Two Biotechs

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Over the past decade, Celldex Therapeutics, Inc. and Geron Corporation have shown contrasting approaches to SG&A cost management. From 2014 to 2023, Celldex's SG&A expenses fluctuated, peaking in 2016 and 2023, with a notable dip in 2019. In contrast, Geron Corporation's SG&A costs have steadily increased, culminating in a dramatic 312% rise from 2014 to 2023. This trend suggests Geron is investing heavily in administrative and sales functions, possibly to support growth initiatives. Meanwhile, Celldex's more variable expenses may indicate a strategic focus on cost control. As investors and stakeholders evaluate these companies, understanding their SG&A strategies provides insight into their operational priorities and financial discipline.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025