Operational Costs Compared: SG&A Analysis of Cytokinetics, Incorporated and CRISPR Therapeutics AG

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

__timestampCRISPR Therapeutics AGCytokinetics, Incorporated
Wednesday, January 1, 2014511400017268000
Thursday, January 1, 20151340300019667000
Friday, January 1, 20163105600027823000
Sunday, January 1, 20173584500036468000
Monday, January 1, 20184829400031282000
Tuesday, January 1, 20196348800039610000
Wednesday, January 1, 20208820800052820000
Friday, January 1, 202110280200096803000
Saturday, January 1, 2022102464000177977000
Sunday, January 1, 202376162000173612000
Monday, January 1, 202472977000
Loading chart...

Unveiling the hidden dimensions of data

A Decade of SG&A Evolution: Cytokinetics vs. CRISPR Therapeutics

In the ever-evolving biotech landscape, operational efficiency is paramount. Over the past decade, Cytokinetics, Incorporated and CRISPR Therapeutics AG have demonstrated contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Cytokinetics saw a staggering 900% increase in SG&A costs, peaking in 2022. Meanwhile, CRISPR Therapeutics experienced a more modest 1,400% rise, with a notable dip in 2023. This divergence highlights strategic differences in managing operational costs. Cytokinetics' expenses surged in 2022, reaching nearly double that of CRISPR, suggesting aggressive expansion or investment in administrative capabilities. Conversely, CRISPR's 2023 decline may indicate a strategic pivot towards cost optimization. As these biotech giants continue to innovate, their financial strategies offer a window into their future growth and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025