Operational Costs Compared: SG&A Analysis of CRISPR Therapeutics AG and Viridian Therapeutics, Inc.

Biotech Giants' SG&A Expenses: A Decade of Strategic Growth

__timestampCRISPR Therapeutics AGViridian Therapeutics, Inc.
Wednesday, January 1, 201451140007751000
Thursday, January 1, 20151340300010251000
Friday, January 1, 2016310560009575000
Sunday, January 1, 20173584500010912000
Monday, January 1, 20184829400011049000
Tuesday, January 1, 20196348800011646000
Wednesday, January 1, 20208820800013265000
Friday, January 1, 202110280200025805000
Saturday, January 1, 202210246400035182000
Sunday, January 1, 20237616200094999000
Monday, January 1, 202472977000
Loading chart...

Data in motion

A Comparative Analysis of SG&A Expenses in Biotech Giants

In the rapidly evolving biotech industry, operational efficiency is paramount. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of CRISPR Therapeutics AG and Viridian Therapeutics, Inc. over the past decade. From 2014 to 2023, CRISPR Therapeutics AG has consistently outpaced Viridian Therapeutics, Inc. in SG&A spending, peaking in 2021 with expenses reaching approximately 102 million USD. This represents a staggering 1,900% increase from their 2014 figures. In contrast, Viridian Therapeutics, Inc. showed a more modest growth, with a notable surge in 2023, where their SG&A expenses nearly quadrupled from 2021 levels, reaching around 95 million USD. This trend highlights the strategic investments and scaling efforts by both companies, reflecting their commitment to innovation and market expansion. As the biotech landscape continues to shift, monitoring these financial metrics offers valuable insights into corporate strategies and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025