Neurocrine Biosciences, Inc. or Soleno Therapeutics, Inc.: Who Manages SG&A Costs Better?

Biotech Firms' SG&A Strategies: A Decade in Review

__timestampNeurocrine Biosciences, Inc.Soleno Therapeutics, Inc.
Wednesday, January 1, 2014179860002917513
Thursday, January 1, 2015324800007878291
Friday, January 1, 2016680810008366794
Sunday, January 1, 20171699060006610381
Monday, January 1, 20182489320006556000
Tuesday, January 1, 20193541000006930000
Wednesday, January 1, 20204333000008758000
Friday, January 1, 202158330000010806000
Saturday, January 1, 20227527000009844000
Sunday, January 1, 202388760000013481000
Monday, January 1, 20241007200000
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Managing SG&A Costs: A Tale of Two Biotech Firms

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Neurocrine Biosciences, Inc. and Soleno Therapeutics, Inc. offer a fascinating study in contrasts over the past decade. From 2014 to 2023, Neurocrine's SG&A expenses surged by nearly 4,800%, reflecting its aggressive growth strategy. In contrast, Soleno's expenses grew by approximately 360%, indicating a more conservative approach.

Neurocrine's expenses peaked in 2023, reaching nearly 89 times that of Soleno's, highlighting its expansive operational scale. Meanwhile, Soleno maintained a steady trajectory, with its highest expenses in 2023 still under 2% of Neurocrine's. This disparity underscores the different paths these companies have taken in managing their operational costs. As investors and analysts evaluate these strategies, the question remains: which approach will yield better long-term returns?

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025