Incyte Corporation and TG Therapeutics, Inc.: SG&A Spending Patterns Compared

Biotech Giants' SG&A Spending: A Decade of Divergence

__timestampIncyte CorporationTG Therapeutics, Inc.
Wednesday, January 1, 201416577200024518692
Thursday, January 1, 201519661400019886580
Friday, January 1, 201630325100012631689
Sunday, January 1, 201736640600021977998
Monday, January 1, 201843440700020759000
Tuesday, January 1, 201946871100020838000
Wednesday, January 1, 2020516922000121812000
Friday, January 1, 2021739560000152137000
Saturday, January 1, 2022100214000083231000
Sunday, January 1, 20231161300000122706000
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Unlocking the unknown

SG&A Spending Trends: Incyte vs. TG Therapeutics

In the competitive landscape of biotechnology, understanding spending patterns is crucial. Over the past decade, Incyte Corporation and TG Therapeutics, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. Incyte's SG&A expenses have surged by approximately 600% from 2014 to 2023, reflecting its aggressive expansion and strategic investments. In contrast, TG Therapeutics, while experiencing a significant increase in 2020, has maintained a more conservative growth, with expenses rising by about 400% over the same period.

Key Insights

  • Incyte's Growth: By 2023, Incyte's SG&A expenses reached nearly 1.16 billion, a testament to its robust market presence.
  • TG Therapeutics' Strategy: Despite a peak in 2021, TG Therapeutics' expenses stabilized, indicating a strategic pivot.

These trends highlight the differing strategies of these biotech firms, offering insights into their operational priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025