Halozyme Therapeutics, Inc. or Opthea Limited: Who Manages SG&A Costs Better?

Biotech Giants: SG&A Cost Management Showdown

__timestampHalozyme Therapeutics, Inc.Opthea Limited
Wednesday, January 1, 2014359420002652041
Thursday, January 1, 2015400280002361587
Friday, January 1, 2016458530004472869
Sunday, January 1, 2017538160005030957
Monday, January 1, 2018608040004988941
Tuesday, January 1, 2019772520005196412
Wednesday, January 1, 2020457360006652774
Friday, January 1, 20215032300018418247
Saturday, January 1, 202214352600024827066
Sunday, January 1, 202314918200041896408
Monday, January 1, 202415488619
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Infusing magic into the data realm

Halozyme Therapeutics vs. Opthea Limited: A Decade of SG&A Management

In the competitive landscape of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining financial health. Over the past decade, Halozyme Therapeutics, Inc. and Opthea Limited have demonstrated contrasting approaches to SG&A cost management. From 2014 to 2023, Halozyme's SG&A expenses surged by over 300%, peaking in 2023, while Opthea's expenses increased by approximately 150% during the same period. Notably, Halozyme's expenses in 2023 were nearly 3.5 times higher than Opthea's, highlighting a significant divergence in financial strategies. Despite the absence of data for Halozyme in 2024, Opthea's expenses showed a decline, suggesting a potential shift towards cost efficiency. This analysis underscores the importance of strategic financial management in the biotech sector, where balancing innovation with operational costs can define a company's success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025