Operational Costs Compared: SG&A Analysis of MorphoSys AG and Amicus Therapeutics, Inc.

SG&A Showdown: Amicus vs. MorphoSys Over a Decade

__timestampAmicus Therapeutics, Inc.MorphoSys AG
Wednesday, January 1, 2014207170009689000
Thursday, January 1, 20154726900010431000
Friday, January 1, 2016711510009618000
Sunday, January 1, 20178867100012348000
Monday, January 1, 201812720000028310241
Tuesday, January 1, 201916986100059336147
Wednesday, January 1, 2020156407000159145941
Friday, January 1, 2021192710000199800000
Saturday, January 1, 202221304100090225000
Sunday, January 1, 202327527000092538000
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Cracking the code

A Decade of SG&A: MorphoSys AG vs. Amicus Therapeutics, Inc.

In the ever-evolving pharmaceutical landscape, operational efficiency is paramount. Over the past decade, Amicus Therapeutics, Inc. has consistently outpaced MorphoSys AG in Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Amicus's SG&A expenses surged by over 1,200%, peaking in 2023. In contrast, MorphoSys AG's expenses grew by approximately 850% during the same period. Notably, in 2020 and 2021, MorphoSys AG briefly surpassed Amicus, reflecting strategic investments. However, by 2023, Amicus reclaimed its lead, spending nearly three times more than MorphoSys. This trend underscores Amicus's aggressive market strategies and expansion efforts. As both companies navigate the competitive biotech sector, their SG&A trajectories offer insights into their operational priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025