Operational Costs Compared: SG&A Analysis of Ionis Pharmaceuticals, Inc. and Soleno Therapeutics, Inc.

Biotech Giants' SG&A Strategies: A Decade in Review

__timestampIonis Pharmaceuticals, Inc.Soleno Therapeutics, Inc.
Wednesday, January 1, 2014201400002917513
Thursday, January 1, 2015371730007878291
Friday, January 1, 2016486160008366794
Sunday, January 1, 20171084880006610381
Monday, January 1, 20182446220006556000
Tuesday, January 1, 20192870000006930000
Wednesday, January 1, 20203540000008758000
Friday, January 1, 202118600000010806000
Saturday, January 1, 20221510000009844000
Sunday, January 1, 202323260000013481000
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Igniting the spark of knowledge

A Decade of SG&A: Ionis Pharmaceuticals vs. Soleno Therapeutics

In the ever-evolving landscape of biotechnology, operational efficiency is paramount. Over the past decade, Ionis Pharmaceuticals and Soleno Therapeutics have demonstrated contrasting approaches to managing Selling, General, and Administrative (SG&A) expenses. Ionis Pharmaceuticals, a leader in RNA-targeted therapeutics, has seen its SG&A expenses grow by over 1,000% from 2014 to 2023, peaking in 2020. This reflects their aggressive expansion and investment in infrastructure. In contrast, Soleno Therapeutics, focusing on rare diseases, maintained a more conservative growth in SG&A, with a 360% increase over the same period. This strategic restraint highlights their focus on niche markets. The data reveals a fascinating narrative of two companies navigating the complexities of the biotech sector, each with its unique strategy. As the industry continues to evolve, these insights offer a glimpse into the financial strategies that drive innovation and growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025