Lantheus Holdings, Inc. vs Agios Pharmaceuticals, Inc.: SG&A Expense Trends

Biotech Giants' SG&A Expenses: A Decade of Growth and Strategy

__timestampAgios Pharmaceuticals, Inc.Lantheus Holdings, Inc.
Wednesday, January 1, 20141912000072429000
Thursday, January 1, 20153599200078634000
Friday, January 1, 20165071400075374000
Sunday, January 1, 20177112400092157000
Monday, January 1, 201811414500093326000
Tuesday, January 1, 2019132034000103132000
Wednesday, January 1, 2020149070000110171000
Friday, January 1, 2021121445000218817000
Saturday, January 1, 2022121673000233827000
Sunday, January 1, 2023119903000267194000
Monday, January 1, 2024156784000
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In pursuit of knowledge

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

In the competitive world of biotechnology, managing operational costs is crucial for success. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Lantheus Holdings, Inc. and Agios Pharmaceuticals, Inc. over the past decade. From 2014 to 2023, Lantheus Holdings saw a remarkable 270% increase in SG&A expenses, peaking in 2023. In contrast, Agios Pharmaceuticals experienced a more modest 526% rise, with its highest expenses recorded in 2020.

Key Insights

  • Lantheus Holdings, Inc.: The company's SG&A expenses surged, particularly between 2021 and 2023, reflecting strategic investments in growth and expansion.
  • Agios Pharmaceuticals, Inc.: Despite fluctuations, Agios maintained a steady upward trend, with a notable spike in 2020, possibly due to increased R&D activities.

These trends highlight the dynamic nature of the biotech industry, where strategic financial management can significantly impact a company's trajectory.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025