Operational Costs Compared: SG&A Analysis of Regeneron Pharmaceuticals, Inc. and Neurocrine Biosciences, Inc.

Biotech Giants' SG&A Expenses: A Decade of Growth and Strategy

__timestampNeurocrine Biosciences, Inc.Regeneron Pharmaceuticals, Inc.
Wednesday, January 1, 201417986000504755000
Thursday, January 1, 201532480000838526000
Friday, January 1, 2016680810001177697000
Sunday, January 1, 20171699060001320433000
Monday, January 1, 20182489320001556200000
Tuesday, January 1, 20193541000001834800000
Wednesday, January 1, 20204333000001346000000
Friday, January 1, 20215833000001824900000
Saturday, January 1, 20227527000002115900000
Sunday, January 1, 20238876000002631300000
Monday, January 1, 202410072000002954400000
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In pursuit of knowledge

A Decade of SG&A Evolution in Biotech Giants

Regeneron vs. Neurocrine: A Financial Perspective

In the ever-evolving landscape of biotechnology, operational efficiency is paramount. Over the past decade, Regeneron Pharmaceuticals, Inc. and Neurocrine Biosciences, Inc. have showcased distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Regeneron's SG&A expenses surged by over 400%, peaking at approximately $2.63 billion in 2023. This reflects their aggressive expansion and strategic investments. In contrast, Neurocrine's SG&A expenses grew by nearly 500%, reaching around $887 million in the same year, indicating a robust scaling strategy. The data highlights Regeneron's consistent dominance in operational spending, yet Neurocrine's rapid growth rate suggests a competitive edge in agility. As these biotech titans continue to innovate, understanding their financial strategies offers invaluable insights into their market positioning and future potential.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025