Madrigal Pharmaceuticals, Inc. and Geron Corporation: SG&A Spending Patterns Compared

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

__timestampGeron CorporationMadrigal Pharmaceuticals, Inc.
Wednesday, January 1, 20141675800015746000
Thursday, January 1, 20151779300013392000
Friday, January 1, 2016187610009290000
Sunday, January 1, 2017192870007672000
Monday, January 1, 20181870700015293000
Tuesday, January 1, 20192089300022648000
Wednesday, January 1, 20202567800021864000
Friday, January 1, 20212966500037318000
Saturday, January 1, 20224362800048130000
Sunday, January 1, 202369135000108146000
Loading chart...

Unleashing insights

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

In the competitive world of biotechnology, strategic spending on Selling, General, and Administrative (SG&A) expenses can be a key differentiator. Over the past decade, Madrigal Pharmaceuticals, Inc. and Geron Corporation have demonstrated distinct spending patterns. From 2014 to 2023, Madrigal's SG&A expenses surged by approximately 587%, peaking at over $108 million in 2023. In contrast, Geron Corporation's SG&A expenses increased by about 313%, reaching nearly $69 million in the same year. This divergence highlights Madrigal's aggressive investment in administrative capabilities and market expansion, while Geron has maintained a more conservative approach. The data suggests that Madrigal's strategy may be aimed at rapid growth and market penetration, whereas Geron might be focusing on sustainable, steady development. These insights provide a fascinating glimpse into how two companies navigate the financial landscape of the biotech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025