Operational Costs Compared: SG&A Analysis of Opthea Limited and Apellis Pharmaceuticals, Inc.

SG&A Trends: Opthea vs. Apellis Over a Decade

__timestampApellis Pharmaceuticals, Inc.Opthea Limited
Wednesday, January 1, 201429081662652041
Thursday, January 1, 201563567822361587
Friday, January 1, 201643037434472869
Sunday, January 1, 2017104631515030957
Monday, January 1, 2018226391844988941
Tuesday, January 1, 2019670464835196412
Wednesday, January 1, 20201394010006652774
Friday, January 1, 202117677100018418247
Saturday, January 1, 202227716300024827066
Sunday, January 1, 202350081500041896408
Monday, January 1, 202415488619
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Data in motion

A Decade of SG&A: Opthea vs. Apellis

In the competitive landscape of biotechnology, operational efficiency is paramount. Over the past decade, Apellis Pharmaceuticals, Inc. and Opthea Limited have showcased contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. Apellis, with its aggressive expansion strategy, saw its SG&A costs skyrocket by over 17,000% from 2014 to 2023, peaking at approximately $500 million in 2023. In contrast, Opthea maintained a more conservative growth, with expenses increasing by around 1,500% over the same period, reaching nearly $42 million in 2023.

This divergence highlights Apellis's focus on rapid scaling, likely driven by its ambitious R&D and market penetration efforts. Meanwhile, Opthea's steady approach suggests a focus on sustainable growth. The absence of 2024 data for Apellis leaves room for speculation on its future strategy. As these companies continue to evolve, their SG&A trends offer valuable 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