Operational Costs Compared: SG&A Analysis of Bio-Techne Corporation and Cytokinetics, Incorporated

Biotech SG&A Trends: A Decade of Strategic Shifts

__timestampBio-Techne CorporationCytokinetics, Incorporated
Wednesday, January 1, 20146071600017268000
Thursday, January 1, 201511940100019667000
Friday, January 1, 201614087900027823000
Sunday, January 1, 201719924300036468000
Monday, January 1, 201824063600031282000
Tuesday, January 1, 201926435900039610000
Wednesday, January 1, 202026058300052820000
Friday, January 1, 202132495100096803000
Saturday, January 1, 2022372766000177977000
Sunday, January 1, 2023378378000173612000
Monday, January 1, 2024396826000
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Infusing magic into the data realm

A Decade of SG&A Trends in Biotech Giants

In the ever-evolving biotech industry, operational efficiency is key to sustaining growth and innovation. Over the past decade, Bio-Techne Corporation and Cytokinetics, Incorporated have demonstrated contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. Bio-Techne's SG&A expenses have surged by over 550% from 2014 to 2023, reflecting its aggressive expansion and strategic investments. In contrast, Cytokinetics has seen a more modest increase of approximately 900% during the same period, indicating a more cautious approach to scaling operations.

The year 2022 marked a pivotal point for Cytokinetics, with SG&A expenses peaking at nearly 180% of their 2021 levels, suggesting a significant shift in their operational strategy. Meanwhile, Bio-Techne's consistent growth in SG&A expenses underscores its commitment to maintaining a robust operational framework. As we look to the future, these trends offer valuable insights into the strategic priorities of these biotech leaders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025