Operational Costs Compared: SG&A Analysis of Halozyme Therapeutics, Inc. and Iovance Biotherapeutics, Inc.

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

__timestampHalozyme Therapeutics, Inc.Iovance Biotherapeutics, Inc.
Wednesday, January 1, 2014359420009335772
Thursday, January 1, 20154002800012390000
Friday, January 1, 20164585300025602000
Sunday, January 1, 20175381600021262000
Monday, January 1, 20186080400028430000
Tuesday, January 1, 20197725200040849000
Wednesday, January 1, 20204573600060210000
Friday, January 1, 20215032300083664000
Saturday, January 1, 2022143526000104097000
Sunday, January 1, 2023149182000106916000
Monday, January 1, 2024154335000
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Data in motion

A Comparative Analysis of SG&A Expenses: Halozyme vs. Iovance

In the ever-evolving biotech industry, operational efficiency is paramount. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two prominent players: Halozyme Therapeutics, Inc. and Iovance Biotherapeutics, Inc., from 2014 to 2023. Over this period, Halozyme's SG&A expenses surged by approximately 315%, peaking in 2023. Meanwhile, Iovance experienced a staggering increase of over 1,000%, reflecting its aggressive growth strategy.

Key Insights

  • 2014-2019: Halozyme maintained a steady increase, while Iovance's expenses grew exponentially, indicating a focus on expansion.
  • 2020-2023: Both companies saw significant spikes, with Halozyme's expenses nearly doubling, and Iovance's increasing by 77%.

This data underscores the strategic priorities of each company, with Halozyme focusing on steady growth and Iovance on rapid expansion. Investors and industry analysts can glean valuable insights into each company's operational strategies and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025