Halozyme Therapeutics, Inc. or ADMA Biologics, Inc.: Who Manages SG&A Costs Better?

Biotech Giants: SG&A Cost Management Showdown

__timestampADMA Biologics, Inc.Halozyme Therapeutics, Inc.
Wednesday, January 1, 2014482386935942000
Thursday, January 1, 2015674596840028000
Friday, January 1, 2016849474245853000
Sunday, January 1, 20171809283553816000
Monday, January 1, 20182250292260804000
Tuesday, January 1, 20192591075777252000
Wednesday, January 1, 20203505081745736000
Friday, January 1, 20214289688950323000
Saturday, January 1, 202252458024143526000
Sunday, January 1, 202359020000149182000
Monday, January 1, 2024154335000
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Infusing magic into the data realm

Managing SG&A Costs: 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, Halozyme Therapeutics, Inc. and ADMA Biologics, Inc. have shown contrasting approaches. From 2014 to 2023, Halozyme's SG&A expenses surged by approximately 315%, peaking at $149 million in 2023. In contrast, ADMA Biologics saw a more modest increase of around 1,125%, reaching $59 million in the same year.

A Decade of Financial Strategy

While Halozyme's expenses are significantly higher, their growth strategy might justify these costs. ADMA's more conservative spending could indicate a focus on efficiency. Investors and stakeholders should consider these trends when evaluating each company's financial strategy and potential for sustainable growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025