Operational Costs Compared: SG&A Analysis of Gilead Sciences, Inc. and Iovance Biotherapeutics, Inc.

SG&A Expenses: Gilead's Steady Growth vs. Iovance's Rapid Ascent

__timestampGilead Sciences, Inc.Iovance Biotherapeutics, Inc.
Wednesday, January 1, 201429830000009335772
Thursday, January 1, 2015342600000012390000
Friday, January 1, 2016339800000025602000
Sunday, January 1, 2017387800000021262000
Monday, January 1, 2018405600000028430000
Tuesday, January 1, 2019438100000040849000
Wednesday, January 1, 2020515100000060210000
Friday, January 1, 2021524600000083664000
Saturday, January 1, 20225673000000104097000
Sunday, January 1, 20236090000000106916000
Monday, January 1, 20246091000000
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Data in motion

A Decade of SG&A: Gilead Sciences vs. Iovance Biotherapeutics

In the ever-evolving pharmaceutical landscape, operational efficiency is paramount. Over the past decade, Gilead Sciences, Inc. and Iovance Biotherapeutics, Inc. have showcased contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. Gilead Sciences, a titan in the industry, has seen its SG&A expenses grow by over 100% from 2014 to 2023, reflecting its expansive operations and market reach. In contrast, Iovance Biotherapeutics, a burgeoning player, has experienced a staggering increase of over 1,000% in the same period, indicative of its aggressive growth strategy and scaling efforts. This comparison not only highlights the differing scales and strategies of these companies but also underscores the dynamic nature of the biotech sector. As Gilead consolidates its position, Iovance's rapid ascent is a testament to the potential of emerging biotech firms.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025