Operational Costs Compared: SG&A Analysis of Intra-Cellular Therapies, Inc. and Agios Pharmaceuticals, Inc.

Biotech Giants' SG&A Expenses: A Decade of Divergence

__timestampAgios Pharmaceuticals, Inc.Intra-Cellular Therapies, Inc.
Wednesday, January 1, 20141912000010337679
Thursday, January 1, 20153599200018187286
Friday, January 1, 20165071400024758063
Sunday, January 1, 20177112400023666957
Monday, January 1, 201811414500030099855
Tuesday, January 1, 201913203400064947625
Wednesday, January 1, 2020149070000186363444
Friday, January 1, 2021121445000272611040
Saturday, January 1, 2022121673000358782000
Sunday, January 1, 2023119903000409864000
Monday, January 1, 2024156784000
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Unveiling the hidden dimensions of data

A Tale of Two Biotechs: SG&A Expenses Over Time

In the competitive world of biotechnology, operational efficiency is key. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Intra-Cellular Therapies, Inc. and Agios Pharmaceuticals, Inc. from 2014 to 2023. Over this period, Intra-Cellular Therapies has seen a dramatic increase in SG&A expenses, rising from approximately $10 million in 2014 to over $400 million in 2023, marking a staggering 3,900% increase. In contrast, Agios Pharmaceuticals experienced a more modest growth of around 525%, with expenses increasing from $19 million to $120 million. This divergence highlights differing strategic priorities and operational scales. While Intra-Cellular Therapies has aggressively expanded its operational footprint, Agios Pharmaceuticals has maintained a steadier growth trajectory. Understanding these trends provides valuable insights into each company's strategic focus and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025