Operational Costs Compared: SG&A Analysis of Blueprint Medicines Corporation and Opthea Limited

SG&A Expenses: Blueprint vs. Opthea from 2014 to 2023

__timestampBlueprint Medicines CorporationOpthea Limited
Wednesday, January 1, 201478900002652041
Thursday, January 1, 2015144560002361587
Friday, January 1, 2016192180004472869
Sunday, January 1, 2017279860005030957
Monday, January 1, 2018479280004988941
Tuesday, January 1, 2019963880005196412
Wednesday, January 1, 20201577430006652774
Friday, January 1, 202119529300018418247
Saturday, January 1, 202223737400024827066
Sunday, January 1, 202329514100041896408
Monday, January 1, 202435927200015488619
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Cracking the code

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

In the competitive landscape of biotechnology, operational efficiency is key. Blueprint Medicines Corporation and Opthea Limited, two prominent players, have shown contrasting trends in their Selling, General, and Administrative (SG&A) expenses from 2014 to 2023. Blueprint Medicines has seen a staggering increase of over 3,600% in SG&A expenses, peaking at approximately $295 million in 2023. This reflects their aggressive expansion and investment in operational capabilities. In contrast, Opthea Limited's SG&A expenses grew by around 1,500%, reaching about $42 million in the same year. This more conservative growth suggests a different strategic focus, possibly prioritizing cost control. Notably, 2024 data for Blueprint Medicines is missing, indicating potential reporting delays or strategic shifts. These insights highlight the diverse strategies within the biotech sector, where financial management can significantly impact a company's trajectory.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025