Neurocrine Biosciences, Inc. and Mesoblast Limited: SG&A Spending Patterns Compared

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

__timestampMesoblast LimitedNeurocrine Biosciences, Inc.
Wednesday, January 1, 20145417000017986000
Thursday, January 1, 20156537800032480000
Friday, January 1, 20165226300068081000
Sunday, January 1, 201735072000169906000
Monday, January 1, 201827415000248932000
Tuesday, January 1, 201936983000354100000
Wednesday, January 1, 202050918000433300000
Friday, January 1, 202163586000583300000
Saturday, January 1, 202257967000752700000
Sunday, January 1, 202353107000887600000
Monday, January 1, 2024236260001007200000
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Igniting the spark of knowledge

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, Neurocrine Biosciences, Inc. and Mesoblast Limited have demonstrated contrasting SG&A spending patterns. From 2014 to 2023, Neurocrine Biosciences saw a staggering increase of nearly 4,800% in SG&A expenses, peaking in 2023. This reflects their aggressive expansion and investment in administrative capabilities. In contrast, Mesoblast Limited's SG&A expenses have remained relatively stable, with a modest 2% decrease over the same period, indicating a more conservative approach. Notably, 2024 data for Neurocrine is missing, leaving room for speculation on their future strategy. These spending patterns highlight the diverse strategies employed by biotech firms to navigate the industry's challenges and opportunities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025