Operational Costs Compared: SG&A Analysis of BeiGene, Ltd. and Travere Therapeutics, Inc.

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

__timestampBeiGene, Ltd.Travere Therapeutics, Inc.
Wednesday, January 1, 2014693000059644696
Thursday, January 1, 2015731100079541000
Friday, January 1, 20162009700098015000
Sunday, January 1, 201762602000103958000
Monday, January 1, 2018195385000103654000
Tuesday, January 1, 2019388249000128951000
Wednesday, January 1, 2020600176000135799000
Friday, January 1, 2021990123000149883000
Saturday, January 1, 20221277852000220206000
Sunday, January 1, 20231504501000265542000
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Unlocking the unknown

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

In the competitive world of biotechnology, operational efficiency is key. This analysis compares the Selling, General, and Administrative (SG&A) expenses of BeiGene, Ltd. and Travere Therapeutics, Inc. from 2014 to 2023. Over this period, BeiGene's SG&A expenses skyrocketed by over 21,600%, reflecting its aggressive expansion and scaling efforts. In contrast, Travere Therapeutics saw a more modest increase of around 345%, indicating a steadier growth trajectory. By 2023, BeiGene's expenses were nearly six times higher than Travere's, highlighting its rapid growth strategy. This divergence in financial strategy underscores the varied approaches companies take in the biotech sector to achieve market success. As investors and stakeholders evaluate these trends, understanding the balance between cost management and growth potential becomes crucial.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025