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

Biotech Giants: Halozyme vs. Viridian in SG&A Management

__timestampHalozyme Therapeutics, Inc.Viridian Therapeutics, Inc.
Wednesday, January 1, 2014359420007751000
Thursday, January 1, 20154002800010251000
Friday, January 1, 2016458530009575000
Sunday, January 1, 20175381600010912000
Monday, January 1, 20186080400011049000
Tuesday, January 1, 20197725200011646000
Wednesday, January 1, 20204573600013265000
Friday, January 1, 20215032300025805000
Saturday, January 1, 202214352600035182000
Sunday, January 1, 202314918200094999000
Monday, January 1, 2024154335000
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Igniting the spark of knowledge

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 sustaining growth and profitability. Halozyme Therapeutics, Inc. and Viridian Therapeutics, Inc. have shown contrasting approaches over the past decade. From 2014 to 2023, Halozyme's SG&A expenses surged by over 300%, peaking in 2023. This reflects their aggressive expansion strategy. In contrast, Viridian's expenses grew at a steadier pace, increasing by approximately 1,200% over the same period, indicating a more controlled growth approach.

Despite Halozyme's higher absolute expenses, Viridian's rapid percentage increase suggests a dynamic shift in their operational strategy. Investors and stakeholders should consider these trends when evaluating the companies' financial health and strategic direction. As the biotech industry evolves, effective cost management will remain a key differentiator for success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025