Operational Costs Compared: SG&A Analysis of ImmunityBio, Inc. and Ligand Pharmaceuticals Incorporated

SG&A Expenses: ImmunityBio's Aggressive Growth vs. Ligand's Stability

__timestampImmunityBio, Inc.Ligand Pharmaceuticals Incorporated
Wednesday, January 1, 2014432600022570000
Thursday, January 1, 201522620600024378000
Friday, January 1, 20169439100026621000
Sunday, January 1, 20175382100028653000
Monday, January 1, 20183546300037734000
Tuesday, January 1, 20194645600041884000
Wednesday, January 1, 20207131800064435000
Friday, January 1, 202113525600057483000
Saturday, January 1, 202210270800070062000
Sunday, January 1, 202312962000052790000
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A Comparative Analysis of SG&A Expenses: ImmunityBio vs. Ligand Pharmaceuticals

In the ever-evolving pharmaceutical industry, 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: ImmunityBio, Inc. and Ligand Pharmaceuticals Incorporated, from 2014 to 2023. ImmunityBio's SG&A expenses have shown a significant upward trend, peaking in 2015 with a staggering 2,262% increase from the previous year. In contrast, Ligand Pharmaceuticals has maintained a more stable trajectory, with expenses fluctuating modestly around the $40 million mark. Notably, in 2020, Ligand's expenses surged by 54%, reflecting strategic investments during the pandemic. This comparison highlights ImmunityBio's aggressive expansion strategy, while Ligand's steady approach underscores its focus on sustainable growth. As the industry continues to adapt to global challenges, understanding these financial dynamics is crucial for stakeholders and investors alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025