Neurocrine Biosciences, Inc. or Arrowhead Pharmaceuticals, Inc.: Who Manages SG&A Costs Better?

Biotech Giants: SG&A Cost Management Showdown

__timestampArrowhead Pharmaceuticals, Inc.Neurocrine Biosciences, Inc.
Wednesday, January 1, 20142441953617986000
Thursday, January 1, 20153471808932480000
Friday, January 1, 20164099820968081000
Sunday, January 1, 201732022880169906000
Monday, January 1, 201819110051248932000
Tuesday, January 1, 201926556257354100000
Wednesday, January 1, 202052275890433300000
Friday, January 1, 202180981000583300000
Saturday, January 1, 2022124431000752700000
Sunday, January 1, 202390932000887600000
Monday, January 1, 2024987610001007200000
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Igniting the spark of knowledge

Managing SG&A Costs: A Tale of Two Biotechs

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Neurocrine Biosciences, Inc. and Arrowhead Pharmaceuticals, Inc. have shown contrasting trends in their SG&A management from 2014 to 2023. Neurocrine Biosciences has seen a significant increase in SG&A expenses, peaking at approximately 888% of their 2014 levels by 2023. This rise reflects their aggressive expansion and investment in administrative capabilities. In contrast, Arrowhead Pharmaceuticals has managed a more moderate increase, with their SG&A expenses growing by around 404% over the same period. This suggests a more conservative approach to cost management. Notably, data for Neurocrine Biosciences in 2024 is missing, indicating potential changes in their financial reporting or strategy. Understanding these trends can provide valuable insights for investors and stakeholders in the biotech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025