Intra-Cellular Therapies, Inc. vs Ionis Pharmaceuticals, Inc.: SG&A Expense Trends

Biopharma SG&A Expenses: Diverging Paths of Two Industry Leaders

__timestampIntra-Cellular Therapies, Inc.Ionis Pharmaceuticals, Inc.
Wednesday, January 1, 20141033767920140000
Thursday, January 1, 20151818728637173000
Friday, January 1, 20162475806348616000
Sunday, January 1, 201723666957108488000
Monday, January 1, 201830099855244622000
Tuesday, January 1, 201964947625287000000
Wednesday, January 1, 2020186363444354000000
Friday, January 1, 2021272611040186000000
Saturday, January 1, 2022358782000151000000
Sunday, January 1, 2023409864000232600000
Monday, January 1, 2024267474000
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Infusing magic into the data realm

SG&A Expense Trends: A Tale of Two Biopharma Giants

In the competitive world of biopharmaceuticals, managing operational costs is crucial. Over the past decade, Intra-Cellular Therapies, Inc. and Ionis Pharmaceuticals, Inc. have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Intra-Cellular Therapies saw a staggering increase of nearly 3,900% in SG&A expenses, peaking at $410 million in 2023. This reflects their aggressive expansion and investment in marketing and administrative capabilities. In contrast, Ionis Pharmaceuticals experienced a more modest growth of around 1,100%, with expenses reaching $232 million in 2023. Notably, Ionis's expenses peaked in 2020, indicating a strategic shift or cost optimization in subsequent years. These trends highlight the differing strategic priorities and operational efficiencies of these two industry leaders, offering valuable insights for investors and stakeholders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025