__timestamp | Galapagos NV | ImmunityBio, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 9079000 | 4326000 |
Thursday, January 1, 2015 | 20309000 | 226206000 |
Friday, January 1, 2016 | 16945000 | 94391000 |
Sunday, January 1, 2017 | 20559000 | 53821000 |
Monday, January 1, 2018 | 29641000 | 35463000 |
Tuesday, January 1, 2019 | 88258000 | 46456000 |
Wednesday, January 1, 2020 | 162170000 | 71318000 |
Friday, January 1, 2021 | 167218000 | 135256000 |
Saturday, January 1, 2022 | 239528000 | 102708000 |
Sunday, January 1, 2023 | 94252000 | 129620000 |
Unlocking the unknown
In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. ImmunityBio, Inc. and Galapagos NV, two prominent players, offer a fascinating study in contrasts. From 2014 to 2023, Galapagos NV's SG&A expenses grew by approximately 940%, peaking in 2022. In contrast, ImmunityBio, Inc. saw a more volatile trajectory, with a significant spike in 2015, where expenses surged to nearly 2.3 times their 2014 levels. By 2023, ImmunityBio's SG&A costs were about 37% higher than in 2014, indicating a more controlled growth compared to Galapagos. This data highlights the strategic differences in cost management between the two companies, with Galapagos showing a steady increase and ImmunityBio experiencing fluctuations. Understanding these trends can provide valuable insights for investors and industry analysts alike.
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