Operational Costs Compared: SG&A Analysis of Blueprint Medicines Corporation and TG Therapeutics, Inc.

SG&A Expenses: Blueprint vs. TG Therapeutics Over a Decade

__timestampBlueprint Medicines CorporationTG Therapeutics, Inc.
Wednesday, January 1, 2014789000024518692
Thursday, January 1, 20151445600019886580
Friday, January 1, 20161921800012631689
Sunday, January 1, 20172798600021977998
Monday, January 1, 20184792800020759000
Tuesday, January 1, 20199638800020838000
Wednesday, January 1, 2020157743000121812000
Friday, January 1, 2021195293000152137000
Saturday, January 1, 202223737400083231000
Sunday, January 1, 2023295141000122706000
Monday, January 1, 2024359272000
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Unleashing the power of data

A Decade of SG&A Evolution: Blueprint Medicines vs. TG Therapeutics

In the ever-evolving landscape of biotechnology, operational efficiency is paramount. Over the past decade, Blueprint Medicines Corporation and TG Therapeutics, Inc. have demonstrated contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Blueprint Medicines saw a staggering increase of over 3,600% in SG&A expenses, peaking at nearly $295 million in 2023. In contrast, TG Therapeutics experienced a more modest growth of approximately 400%, reaching $123 million in the same year.

This divergence highlights Blueprint's aggressive expansion strategy, while TG Therapeutics maintains a more conservative approach. The data underscores the importance of strategic financial management in the biotech sector, where operational costs can significantly impact a company's competitive edge. As these companies continue to innovate, their financial strategies will be crucial in shaping their future success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025