Operational Costs Compared: SG&A Analysis of Genmab A/S and Iovance Biotherapeutics, Inc.

SG&A Expenses: Genmab vs. Iovance - A Decade of Growth

__timestampGenmab A/SIovance Biotherapeutics, Inc.
Wednesday, January 1, 2014795290009335772
Thursday, January 1, 20159122400012390000
Friday, January 1, 201610241300025602000
Sunday, January 1, 201714698700021262000
Monday, January 1, 201821369500028430000
Tuesday, January 1, 201934200000040849000
Wednesday, January 1, 202066100000060210000
Friday, January 1, 2021128300000083664000
Saturday, January 1, 20222676000000104097000
Sunday, January 1, 20233297000000106916000
Monday, January 1, 20243790000000
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Cracking the code

A Decade of SG&A: Genmab A/S vs. Iovance Biotherapeutics, Inc.

In the ever-evolving biotech industry, operational efficiency is key. Over the past decade, Genmab A/S and Iovance Biotherapeutics, Inc. have showcased contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Genmab's SG&A expenses surged by an astounding 4,000%, reflecting its aggressive expansion and strategic investments. In contrast, Iovance's expenses grew by approximately 1,000%, indicating a more measured approach.

Genmab's expenses peaked in 2023, reaching nearly 30 times that of Iovance, highlighting its dominant market position. This stark difference underscores the varied strategies these companies employ to navigate the competitive landscape. As investors and industry watchers, understanding these financial dynamics offers a window into each company's operational priorities and future growth potential.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025