Operational Costs Compared: SG&A Analysis of Genmab A/S and Insmed Incorporated

SG&A Expenses: Genmab's Rapid Growth vs. Insmed's Steady Rise

__timestampGenmab A/SInsmed Incorporated
Wednesday, January 1, 20147952900031073000
Thursday, January 1, 20159122400043216000
Friday, January 1, 201610241300050679000
Sunday, January 1, 201714698700079171000
Monday, January 1, 2018213695000168218000
Tuesday, January 1, 2019342000000210796000
Wednesday, January 1, 2020661000000203613000
Friday, January 1, 20211283000000234273000
Saturday, January 1, 20222676000000265784000
Sunday, January 1, 20233297000000344501000
Monday, January 1, 20243790000000
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Unlocking the unknown

A Comparative Analysis of SG&A Expenses: Genmab A/S vs. Insmed Incorporated

In the ever-evolving landscape of biotechnology, operational efficiency is paramount. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two industry players: Genmab A/S and Insmed Incorporated, from 2014 to 2023. Over this period, Genmab A/S has seen a staggering increase in SG&A expenses, growing by over 4,000%, from approximately $80 million in 2014 to nearly $3.3 billion in 2023. This reflects Genmab's aggressive expansion and investment in operational capabilities. In contrast, Insmed Incorporated's SG&A expenses have grown at a steadier pace, increasing by around 1,000% over the same period, reaching $345 million in 2023. This comparison highlights Genmab's rapid growth strategy, while Insmed maintains a more measured approach. Understanding these trends provides valuable insights into each company's strategic priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025