ImmunityBio, Inc. or Soleno Therapeutics, Inc.: Who Manages SG&A Costs Better?

Biotech Giants: A Decade of SG&A Cost Management

__timestampImmunityBio, Inc.Soleno Therapeutics, Inc.
Wednesday, January 1, 201443260002917513
Thursday, January 1, 20152262060007878291
Friday, January 1, 2016943910008366794
Sunday, January 1, 2017538210006610381
Monday, January 1, 2018354630006556000
Tuesday, January 1, 2019464560006930000
Wednesday, January 1, 2020713180008758000
Friday, January 1, 202113525600010806000
Saturday, January 1, 20221027080009844000
Sunday, January 1, 202312962000013481000
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Who Manages SG&A Costs Better: ImmunityBio or Soleno Therapeutics?

In the competitive landscape of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. ImmunityBio, Inc. and Soleno Therapeutics, Inc. have shown contrasting approaches over the past decade. ImmunityBio's SG&A expenses have fluctuated significantly, peaking in 2015 with a staggering 2,262% increase from the previous year. In contrast, Soleno Therapeutics has maintained a more stable trajectory, with expenses growing modestly by about 362% over the same period.

From 2014 to 2023, ImmunityBio's average SG&A expenses were approximately 11 times higher than Soleno's, reflecting a more aggressive spending strategy. However, Soleno's consistent management might suggest a more sustainable approach. As the biotech industry evolves, these companies' financial strategies will play a pivotal role in their long-term success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025