Operational Costs Compared: SG&A Analysis of Amgen Inc. and Halozyme Therapeutics, Inc.

Amgen vs. Halozyme: A Decade of SG&A Strategies

__timestampAmgen Inc.Halozyme Therapeutics, Inc.
Wednesday, January 1, 2014469900000035942000
Thursday, January 1, 2015484600000040028000
Friday, January 1, 2016506200000045853000
Sunday, January 1, 2017487000000053816000
Monday, January 1, 2018533200000060804000
Tuesday, January 1, 2019515000000077252000
Wednesday, January 1, 2020573000000045736000
Friday, January 1, 2021536800000050323000
Saturday, January 1, 20225414000000143526000
Sunday, January 1, 20236179000000149182000
Monday, January 1, 20247096000000154335000
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Cracking the code

A Decade of SG&A: Amgen vs. Halozyme

In the ever-evolving pharmaceutical landscape, operational efficiency is paramount. Over the past decade, Amgen Inc. and Halozyme Therapeutics, Inc. have showcased contrasting strategies in managing Selling, General, and Administrative (SG&A) expenses. Amgen, a biotech giant, consistently reported SG&A expenses averaging around $5.3 billion annually, peaking at $6.2 billion in 2023. This reflects a steady growth of approximately 31% from 2014. In contrast, Halozyme, a smaller player, saw its SG&A expenses rise by over 300%, from $35.9 million in 2014 to $149.2 million in 2023. This dramatic increase underscores Halozyme's aggressive expansion and investment in operational capabilities. The data highlights the diverse approaches these companies take in navigating the competitive biotech sector, with Amgen focusing on sustained growth and Halozyme on rapid scaling.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025