Ionis Pharmaceuticals, Inc. and Amicus Therapeutics, Inc.: SG&A Spending Patterns Compared

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

__timestampAmicus Therapeutics, Inc.Ionis Pharmaceuticals, Inc.
Wednesday, January 1, 20142071700020140000
Thursday, January 1, 20154726900037173000
Friday, January 1, 20167115100048616000
Sunday, January 1, 201788671000108488000
Monday, January 1, 2018127200000244622000
Tuesday, January 1, 2019169861000287000000
Wednesday, January 1, 2020156407000354000000
Friday, January 1, 2021192710000186000000
Saturday, January 1, 2022213041000151000000
Sunday, January 1, 2023275270000232600000
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Unveiling the hidden dimensions of data

SG&A Spending Trends: A Tale of Two Biotechs

In the competitive world of biotechnology, strategic financial management is crucial. Over the past decade, Ionis Pharmaceuticals, Inc. and Amicus Therapeutics, Inc. have demonstrated distinct patterns in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Amicus Therapeutics saw a staggering 1,230% increase in SG&A spending, peaking at $275 million in 2023. In contrast, Ionis Pharmaceuticals experienced a more moderate 1,055% rise, with a high of $354 million in 2020 before a decline to $232 million in 2023. This divergence highlights differing strategic priorities: while Amicus has consistently ramped up its spending, Ionis appears to be optimizing its expenditures. These trends offer a window into each company's operational focus and market strategy, 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