__timestamp | Apellis Pharmaceuticals, Inc. | Ionis Pharmaceuticals, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 2908166 | 20140000 |
Thursday, January 1, 2015 | 6356782 | 37173000 |
Friday, January 1, 2016 | 4303743 | 48616000 |
Sunday, January 1, 2017 | 10463151 | 108488000 |
Monday, January 1, 2018 | 22639184 | 244622000 |
Tuesday, January 1, 2019 | 67046483 | 287000000 |
Wednesday, January 1, 2020 | 139401000 | 354000000 |
Friday, January 1, 2021 | 176771000 | 186000000 |
Saturday, January 1, 2022 | 277163000 | 151000000 |
Sunday, January 1, 2023 | 500815000 | 232600000 |
Infusing magic into the data realm
In the competitive landscape of biotechnology, understanding financial trends is crucial. Over the past decade, Ionis Pharmaceuticals and Apellis Pharmaceuticals have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Ionis Pharmaceuticals experienced a steady increase, peaking in 2020 with a 1,650% rise from 2014. However, their expenses saw a decline in subsequent years, dropping by 34% by 2022. In contrast, Apellis Pharmaceuticals demonstrated a more volatile pattern, with a staggering 17,100% increase from 2014 to 2023, reflecting their aggressive expansion and market penetration strategies. Notably, 2023 marked a significant surge for Apellis, with expenses doubling from the previous year. These trends highlight the strategic financial maneuvers of both companies as they navigate the dynamic biotech sector, offering insights into their operational priorities and market positioning.
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