Madrigal Pharmaceuticals, Inc. vs Novavax, Inc.: SG&A Expense Trends

Biotech Giants' SG&A Expenses: A Decade of Change

__timestampMadrigal Pharmaceuticals, Inc.Novavax, Inc.
Wednesday, January 1, 20141574600019928000
Thursday, January 1, 20151339200030842000
Friday, January 1, 2016929000046527000
Sunday, January 1, 2017767200034451000
Monday, January 1, 20181529300034409000
Tuesday, January 1, 20192264800034417000
Wednesday, January 1, 202021864000145290000
Friday, January 1, 202137318000298358000
Saturday, January 1, 202248130000488691000
Sunday, January 1, 2023108146000468946000
Loading chart...

Infusing magic into the data realm

SG&A Expense Trends: A Tale of Two Biotechs

In the dynamic world of biotechnology, understanding financial trends is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Madrigal Pharmaceuticals, Inc. and Novavax, Inc. over the past decade. From 2014 to 2023, Madrigal's SG&A expenses surged by over 580%, peaking in 2023. Meanwhile, Novavax experienced a staggering increase of over 2,250%, with a notable spike in 2022. This dramatic rise reflects the companies' strategic investments in growth and development. Madrigal's expenses remained relatively stable until 2020, after which they escalated, indicating a shift in operational strategy. Novavax, on the other hand, saw a significant jump in 2020, aligning with its pivotal role in the COVID-19 vaccine race. These trends highlight the contrasting paths of two biotech giants, offering insights into their financial strategies and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025