Lantheus Holdings, Inc. or Apellis Pharmaceuticals, Inc.: Who Manages SG&A Costs Better?

SG&A Cost Management: Lantheus vs. Apellis

__timestampApellis Pharmaceuticals, Inc.Lantheus Holdings, Inc.
Wednesday, January 1, 2014290816672429000
Thursday, January 1, 2015635678278634000
Friday, January 1, 2016430374375374000
Sunday, January 1, 20171046315192157000
Monday, January 1, 20182263918493326000
Tuesday, January 1, 201967046483103132000
Wednesday, January 1, 2020139401000110171000
Friday, January 1, 2021176771000218817000
Saturday, January 1, 2022277163000233827000
Sunday, January 1, 2023500815000267194000
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SG&A Cost Management: A Tale of Two Companies

In the competitive landscape of the pharmaceutical industry, managing Selling, General, and Administrative (SG&A) expenses is crucial for profitability. Lantheus Holdings, Inc. and Apellis Pharmaceuticals, Inc. have shown contrasting approaches over the past decade.

Lantheus Holdings, Inc.

Lantheus has maintained a relatively stable SG&A expense trend, with a modest increase of about 270% from 2014 to 2023. This steady growth reflects a disciplined approach to cost management, ensuring that expenses align with revenue growth.

Apellis Pharmaceuticals, Inc.

In contrast, Apellis has experienced a dramatic surge in SG&A expenses, skyrocketing by over 17,000% during the same period. This sharp increase suggests aggressive expansion strategies, possibly investing heavily in marketing and administrative capabilities to capture market share.

Both companies illustrate different strategies in managing SG&A costs, offering valuable insights into their operational priorities and market strategies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025