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

Biotech Giants' SG&A Expenses: A Decade of Strategic Growth

__timestampHalozyme Therapeutics, Inc.Travere Therapeutics, Inc.
Wednesday, January 1, 20143594200059644696
Thursday, January 1, 20154002800079541000
Friday, January 1, 20164585300098015000
Sunday, January 1, 201753816000103958000
Monday, January 1, 201860804000103654000
Tuesday, January 1, 201977252000128951000
Wednesday, January 1, 202045736000135799000
Friday, January 1, 202150323000149883000
Saturday, January 1, 2022143526000220206000
Sunday, January 1, 2023149182000265542000
Monday, January 1, 2024154335000
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Unleashing insights

A Comparative Analysis of SG&A Expenses in Biotech Giants

In the dynamic world of biotechnology, operational efficiency is key to sustaining growth and innovation. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of two prominent players: Halozyme Therapeutics, Inc. and Travere Therapeutics, Inc., from 2014 to 2023. Over this period, Travere Therapeutics consistently outpaced Halozyme in SG&A spending, with a notable 95% increase from 2014 to 2023. In contrast, Halozyme's expenses grew by approximately 315%, reflecting strategic investments in operational capabilities. The year 2022 marked a significant surge for both companies, with Halozyme's expenses peaking at 143 million, a 215% increase from 2014, while Travere reached 220 million, a 270% rise. This trend underscores the escalating costs associated with maintaining competitive advantage in the biotech sector. As these companies continue to innovate, understanding their financial strategies offers valuable insights into their market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025