Operational Costs Compared: SG&A Analysis of Agios Pharmaceuticals, Inc. and Viridian Therapeutics, Inc.

Biotech Giants' SG&A Expenses: A Decade of Change

__timestampAgios Pharmaceuticals, Inc.Viridian Therapeutics, Inc.
Wednesday, January 1, 2014191200007751000
Thursday, January 1, 20153599200010251000
Friday, January 1, 2016507140009575000
Sunday, January 1, 20177112400010912000
Monday, January 1, 201811414500011049000
Tuesday, January 1, 201913203400011646000
Wednesday, January 1, 202014907000013265000
Friday, January 1, 202112144500025805000
Saturday, January 1, 202212167300035182000
Sunday, January 1, 202311990300094999000
Monday, January 1, 2024156784000
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Infusing magic into the data realm

SG&A Expenses: A Tale of Two Biotechs

In the competitive world of biotechnology, operational efficiency is key. Agios Pharmaceuticals, Inc. and Viridian Therapeutics, Inc. offer a fascinating study in contrasts when it comes to Selling, General, and Administrative (SG&A) expenses. Over the past decade, Agios has consistently outpaced Viridian, with its SG&A expenses peaking at nearly 150% higher than Viridian's in 2020. However, Viridian has shown a remarkable upward trend, with a staggering 800% increase in SG&A expenses from 2014 to 2023. This surge reflects Viridian's aggressive expansion and strategic investments. Meanwhile, Agios's expenses have stabilized, indicating a mature operational strategy. As of 2023, the gap has narrowed significantly, with Viridian's expenses reaching 80% of Agios's. This shift highlights the dynamic nature of the biotech industry, where strategic financial management can redefine competitive landscapes.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025