Operational Costs Compared: SG&A Analysis of Arrowhead Pharmaceuticals, Inc. and Xencor, Inc.

Biotech Giants' SG&A Expenses: A Decade of Strategic Growth

__timestampArrowhead Pharmaceuticals, Inc.Xencor, Inc.
Wednesday, January 1, 2014244195367461000
Thursday, January 1, 20153471808911960000
Friday, January 1, 20164099820913108000
Sunday, January 1, 20173202288017501000
Monday, January 1, 20181911005122472000
Tuesday, January 1, 20192655625724286000
Wednesday, January 1, 20205227589029689000
Friday, January 1, 20218098100038837000
Saturday, January 1, 202212443100047489000
Sunday, January 1, 20239093200053379000
Monday, January 1, 202498761000
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Infusing magic into the data realm

SG&A Expenses: A Tale of Two Biotech Innovators

In the competitive world of biotechnology, operational efficiency is key. Arrowhead Pharmaceuticals, Inc. and Xencor, Inc. have been at the forefront of innovation, but how do their operational costs compare? From 2014 to 2023, Arrowhead's Selling, General, and Administrative (SG&A) expenses surged by over 300%, peaking in 2022. This reflects their aggressive expansion and investment in research. In contrast, Xencor's SG&A expenses grew steadily, doubling over the same period, indicating a more conservative growth strategy. Notably, Arrowhead's expenses in 2023 were nearly 70% higher than Xencor's, highlighting their differing approaches. However, data for 2024 is incomplete, leaving room for speculation on future trends. This analysis provides a window into the strategic priorities of these biotech leaders, offering valuable insights for investors and industry watchers alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025