Operational Costs Compared: SG&A Analysis of Axsome Therapeutics, Inc. and Merus N.V.

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

__timestampAxsome Therapeutics, Inc.Merus N.V.
Wednesday, January 1, 201413928303852327
Thursday, January 1, 20152419289839656
Friday, January 1, 201663436484478145
Sunday, January 1, 2017720669116432324
Monday, January 1, 2018935152211890871
Tuesday, January 1, 20191359803034110000
Wednesday, January 1, 20202889674935781000
Friday, January 1, 20216664620540896000
Saturday, January 1, 202215925366152200000
Sunday, January 1, 202332312300059836000
Monday, January 1, 2024411359000
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Cracking the code

A Tale of Two Biotechs: SG&A Expenses Over Time

In the competitive world of biotechnology, operational efficiency is key. This analysis of Selling, General, and Administrative (SG&A) expenses from 2014 to 2023 reveals intriguing trends for Axsome Therapeutics, Inc. and Merus N.V. Over this period, Axsome's SG&A expenses skyrocketed by over 23,000%, peaking in 2023. This surge reflects their aggressive expansion and investment in operational infrastructure. In contrast, Merus N.V. experienced a more modest increase of around 1,500%, indicating a steadier growth trajectory. Notably, both companies saw significant jumps in 2020, likely due to pandemic-related adjustments. By 2023, Axsome's expenses were over five times higher than Merus's, highlighting differing strategic priorities. This data underscores the dynamic nature of the biotech sector, where financial strategies can vary widely, impacting long-term success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025