__timestamp | Viking Therapeutics, Inc. | argenx SE |
---|---|---|
Wednesday, January 1, 2014 | 1244910 | 4241601.57 |
Thursday, January 1, 2015 | 5029636 | 5392385.38 |
Friday, January 1, 2016 | 4846776 | 7370036.73 |
Sunday, January 1, 2017 | 5329003 | 14970357 |
Monday, January 1, 2018 | 7121000 | 31413266 |
Tuesday, January 1, 2019 | 9128000 | 72279461 |
Wednesday, January 1, 2020 | 10731000 | 183907682 |
Friday, January 1, 2021 | 10701000 | 307644000 |
Saturday, January 1, 2022 | 16121000 | 472132000 |
Sunday, January 1, 2023 | 37021000 | 709539000 |
In pursuit of knowledge
In the competitive world of biotechnology, operational efficiency is key. This analysis compares the Selling, General, and Administrative (SG&A) expenses of two prominent players: argenx SE and Viking Therapeutics, Inc., from 2014 to 2023. Over this period, argenx SE's SG&A expenses surged by an astounding 16,600%, reflecting its aggressive expansion and strategic investments. In contrast, Viking Therapeutics, Inc. saw a more modest increase of approximately 2,900%, indicating a more conservative growth strategy. By 2023, argenx SE's expenses were nearly 20 times higher than those of Viking Therapeutics, highlighting the divergent paths these companies have taken. This financial snapshot not only underscores the dynamic nature of the biotech industry but also offers insights into how different strategies can shape a company's financial landscape over time.
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