| __timestamp | Celldex Therapeutics, Inc. | MannKind Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 20622000 | 79383000 |
| Thursday, January 1, 2015 | 33837000 | 108402000 |
| Friday, January 1, 2016 | 35979000 | 46928000 |
| Sunday, January 1, 2017 | 25003000 | 74959000 |
| Monday, January 1, 2018 | 19269000 | 79716000 |
| Tuesday, January 1, 2019 | 15426000 | 74669000 |
| Wednesday, January 1, 2020 | 14456000 | 59040000 |
| Friday, January 1, 2021 | 20488000 | 77417000 |
| Saturday, January 1, 2022 | 27195000 | 91473000 |
| Sunday, January 1, 2023 | 30914000 | 94314000 |
Unleashing insights
In the competitive world of biotechnology, understanding spending patterns can offer crucial insights into a company's strategic priorities. MannKind Corporation and Celldex Therapeutics, Inc. present a fascinating case study in contrasting approaches to Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, MannKind consistently outspent Celldex, with SG&A expenses peaking at nearly 94 million in 2023, a 19% increase from 2014. In contrast, Celldex's spending was more conservative, with a peak of approximately 36 million in 2016, before stabilizing around 31 million in 2023. This divergence highlights MannKind's aggressive market strategies compared to Celldex's more measured approach. As the biotech landscape evolves, these spending patterns may reflect broader trends in innovation and market positioning.
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