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

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

__timestampBeiGene, Ltd.Viking Therapeutics, Inc.
Wednesday, January 1, 201469300001244910
Thursday, January 1, 201573110005029636
Friday, January 1, 2016200970004846776
Sunday, January 1, 2017626020005329003
Monday, January 1, 20181953850007121000
Tuesday, January 1, 20193882490009128000
Wednesday, January 1, 202060017600010731000
Friday, January 1, 202199012300010701000
Saturday, January 1, 2022127785200016121000
Sunday, January 1, 2023150450100037021000
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A Tale of Two Biotechs: SG&A Expenses Over Time

In the dynamic world of biotechnology, operational costs can be a significant indicator of a company's growth and strategic direction. BeiGene, Ltd. and Viking Therapeutics, Inc., two prominent players in the industry, have shown contrasting trends in their Selling, General, and Administrative (SG&A) expenses from 2014 to 2023. BeiGene's SG&A expenses have skyrocketed by over 21,500% during this period, reflecting its aggressive expansion and investment in global operations. In contrast, Viking Therapeutics has maintained a more conservative growth, with its SG&A expenses increasing by approximately 2,900%. This stark difference highlights BeiGene's rapid scaling strategy compared to Viking's more measured approach. As the biotech landscape continues to evolve, these financial strategies will play a crucial role in shaping the future trajectories of these companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025