__timestamp | ACADIA Pharmaceuticals Inc. | Wave Life Sciences Ltd. |
---|---|---|
Wednesday, January 1, 2014 | 32748000 | 2999000 |
Thursday, January 1, 2015 | 90804000 | 10393000 |
Friday, January 1, 2016 | 186456000 | 15994000 |
Sunday, January 1, 2017 | 255062000 | 26975000 |
Monday, January 1, 2018 | 265758000 | 39509000 |
Tuesday, January 1, 2019 | 325638000 | 48869000 |
Wednesday, January 1, 2020 | 388661000 | 42510000 |
Friday, January 1, 2021 | 396028000 | 46105000 |
Saturday, January 1, 2022 | 369090000 | 50513000 |
Sunday, January 1, 2023 | 402466000 | 51292000 |
Unlocking the unknown
In the competitive world of biotechnology, operational efficiency is key. This analysis compares the Selling, General, and Administrative (SG&A) expenses of ACADIA Pharmaceuticals Inc. and Wave Life Sciences Ltd. over the past decade. From 2014 to 2023, ACADIA Pharmaceuticals saw a staggering 1,130% increase in SG&A expenses, peaking in 2023. In contrast, Wave Life Sciences experienced a more modest 1,610% rise, reflecting its strategic growth phase. Notably, ACADIA's expenses consistently outpaced Wave's, highlighting its aggressive market strategies. By 2023, ACADIA's SG&A expenses were nearly eight times higher than Wave's, underscoring its expansive operational scale. This financial trajectory offers insights into each company's strategic priorities and market positioning, providing a window into the dynamic landscape of the biotech industry.
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