__timestamp | Amicus Therapeutics, Inc. | Intra-Cellular Therapies, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 20717000 | 10337679 |
Thursday, January 1, 2015 | 47269000 | 18187286 |
Friday, January 1, 2016 | 71151000 | 24758063 |
Sunday, January 1, 2017 | 88671000 | 23666957 |
Monday, January 1, 2018 | 127200000 | 30099855 |
Tuesday, January 1, 2019 | 169861000 | 64947625 |
Wednesday, January 1, 2020 | 156407000 | 186363444 |
Friday, January 1, 2021 | 192710000 | 272611040 |
Saturday, January 1, 2022 | 213041000 | 358782000 |
Sunday, January 1, 2023 | 275270000 | 409864000 |
Infusing magic into the data realm
In the competitive world of biotechnology, strategic spending on Selling, General, and Administrative (SG&A) expenses can be a key differentiator. Over the past decade, Intra-Cellular Therapies, Inc. and Amicus Therapeutics, Inc. have demonstrated contrasting SG&A spending patterns. From 2014 to 2023, Amicus Therapeutics increased its SG&A expenses by over 1,200%, peaking in 2023. Meanwhile, Intra-Cellular Therapies saw a staggering rise of nearly 3,900% in the same period, reflecting its aggressive market expansion strategy. Notably, in 2020, Intra-Cellular Therapies surpassed Amicus in SG&A spending, marking a pivotal shift in their financial strategies. These trends highlight the dynamic nature of the biotech industry, where companies must balance innovation with operational efficiency to thrive. As these two companies continue to evolve, their SG&A strategies will likely play a crucial role in shaping their future trajectories.
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