Insmed Incorporated and Ligand Pharmaceuticals Incorporated: SG&A Spending Patterns Compared

Biotech Giants' SG&A Spending: Insmed vs. Ligand

__timestampInsmed IncorporatedLigand Pharmaceuticals Incorporated
Wednesday, January 1, 20143107300022570000
Thursday, January 1, 20154321600024378000
Friday, January 1, 20165067900026621000
Sunday, January 1, 20177917100028653000
Monday, January 1, 201816821800037734000
Tuesday, January 1, 201921079600041884000
Wednesday, January 1, 202020361300064435000
Friday, January 1, 202123427300057483000
Saturday, January 1, 202226578400070062000
Sunday, January 1, 202334450100052790000
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Unleashing insights

SG&A Spending Trends: Insmed vs. Ligand Pharmaceuticals

In the competitive landscape of biotechnology, understanding spending patterns is crucial. Over the past decade, Insmed Incorporated has consistently outpaced Ligand Pharmaceuticals in Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Insmed's SG&A expenses surged by over 1,000%, peaking at approximately $345 million in 2023. In contrast, Ligand's growth was more modest, with a 133% increase, reaching around $70 million in 2022. This disparity highlights Insmed's aggressive investment strategy, possibly reflecting its focus on expanding market presence and operational capabilities. Meanwhile, Ligand's steadier growth suggests a more conservative approach, potentially prioritizing efficiency and cost management. These spending patterns offer a window into each company's strategic priorities and market positioning, providing valuable insights for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025