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

Biotech Giants: ImmunityBio vs. Xencor in SG&A Management

__timestampImmunityBio, Inc.Xencor, Inc.
Wednesday, January 1, 201443260007461000
Thursday, January 1, 201522620600011960000
Friday, January 1, 20169439100013108000
Sunday, January 1, 20175382100017501000
Monday, January 1, 20183546300022472000
Tuesday, January 1, 20194645600024286000
Wednesday, January 1, 20207131800029689000
Friday, January 1, 202113525600038837000
Saturday, January 1, 202210270800047489000
Sunday, January 1, 202312962000053379000
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SG&A Cost Management: ImmunityBio vs. Xencor

In the competitive landscape of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. ImmunityBio, Inc. and Xencor, 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, Xencor has maintained a more stable trajectory, with a gradual increase of approximately 615% from 2014 to 2023.

While ImmunityBio's expenses have been more volatile, their recent trend shows a 30% reduction from their 2015 peak, indicating improved cost management. Xencor, on the other hand, has consistently kept their expenses in check, reflecting a disciplined approach. As the biotech industry evolves, these companies' ability to manage SG&A costs will be pivotal in sustaining growth and innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025