Intra-Cellular Therapies, Inc. vs Blueprint Medicines Corporation: SG&A Expense Trends

Biotech Giants' SG&A Expenses Soar Over a Decade

__timestampBlueprint Medicines CorporationIntra-Cellular Therapies, Inc.
Wednesday, January 1, 2014789000010337679
Thursday, January 1, 20151445600018187286
Friday, January 1, 20161921800024758063
Sunday, January 1, 20172798600023666957
Monday, January 1, 20184792800030099855
Tuesday, January 1, 20199638800064947625
Wednesday, January 1, 2020157743000186363444
Friday, January 1, 2021195293000272611040
Saturday, January 1, 2022237374000358782000
Sunday, January 1, 2023295141000409864000
Monday, January 1, 2024359272000
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Data in motion

SG&A Expense Trends: A Tale of Two Biotech Innovators

In the dynamic world of biotechnology, understanding financial trends is crucial for investors and stakeholders. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two pioneering companies: Intra-Cellular Therapies, Inc. and Blueprint Medicines Corporation, from 2014 to 2023. Over this period, Intra-Cellular Therapies, Inc. saw a staggering increase in SG&A expenses, growing nearly 40 times from 2014 to 2023. Blueprint Medicines Corporation also experienced a significant rise, with expenses increasing by approximately 37 times. This upward trend reflects the companies' aggressive strategies in research, development, and market expansion. Notably, by 2023, Intra-Cellular Therapies, Inc.'s SG&A expenses surpassed Blueprint Medicines Corporation by about 39%, highlighting its robust growth trajectory. These insights offer a glimpse into the financial strategies driving innovation in the biotech sector.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025