__timestamp | Evotec SE | PTC Therapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 17990000 | 44820000 |
Thursday, January 1, 2015 | 25166000 | 82080000 |
Friday, January 1, 2016 | 27013000 | 97130000 |
Sunday, January 1, 2017 | 42383000 | 121271000 |
Monday, January 1, 2018 | 57012000 | 153548000 |
Tuesday, January 1, 2019 | 66546000 | 202541000 |
Wednesday, January 1, 2020 | 77238000 | 245164000 |
Friday, January 1, 2021 | 105445000 | 285773000 |
Saturday, January 1, 2022 | 156190000 | 325998000 |
Sunday, January 1, 2023 | 169610000 | 332540000 |
Igniting the spark of knowledge
In the ever-evolving landscape of biotechnology, operational efficiency is paramount. Over the past decade, PTC Therapeutics, Inc. and Evotec SE have demonstrated contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, PTC Therapeutics saw a staggering 642% increase in SG&A costs, peaking at over three times their initial expenditure. In contrast, Evotec SE's expenses grew by 843%, reflecting a more aggressive expansion strategy.
This analysis underscores the strategic choices each company has made in managing operational costs, offering a window into their growth philosophies.
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