Ligand Pharmaceuticals Incorporated or BioCryst Pharmaceuticals, Inc.: Who Manages SG&A Costs Better?

SG&A Cost Management: Ligand vs. BioCryst

__timestampBioCryst Pharmaceuticals, Inc.Ligand Pharmaceuticals Incorporated
Wednesday, January 1, 2014746100022570000
Thursday, January 1, 20151304700024378000
Friday, January 1, 20161125300026621000
Sunday, January 1, 20171393300028653000
Monday, January 1, 20182951400037734000
Tuesday, January 1, 20193712100041884000
Wednesday, January 1, 20206792900064435000
Friday, January 1, 202111881800057483000
Saturday, January 1, 202215937100070062000
Sunday, January 1, 202321389400052790000
Loading chart...

Data in motion

Who Manages SG&A Costs Better: Ligand Pharmaceuticals or BioCryst Pharmaceuticals?

In the competitive world of pharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. From 2014 to 2023, Ligand Pharmaceuticals Incorporated and BioCryst Pharmaceuticals, Inc. have shown contrasting trends in their SG&A expenses. Ligand Pharmaceuticals has maintained a relatively stable SG&A cost, averaging around $42.7 million annually, with a peak in 2022. In contrast, BioCryst Pharmaceuticals has seen a dramatic increase, with expenses growing by over 280% from 2014 to 2023, peaking at $213.9 million in 2023. This significant rise in BioCryst's SG&A costs could indicate aggressive expansion or increased operational inefficiencies. Meanwhile, Ligand's more controlled expense growth suggests a strategic approach to cost management. As investors and stakeholders evaluate these companies, understanding their SG&A trends provides valuable insights into their operational strategies and financial health.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025