Operational Costs Compared: SG&A Analysis of Regeneron Pharmaceuticals, Inc. and Pharming Group N.V.

Biotech Giants' SG&A Expenses: A Decade of Strategic Spending

__timestampPharming Group N.V.Regeneron Pharmaceuticals, Inc.
Wednesday, January 1, 20144042025504755000
Thursday, January 1, 20155279557838526000
Friday, January 1, 201680739131177697000
Sunday, January 1, 2017448640731320433000
Monday, January 1, 2018534889041556200000
Tuesday, January 1, 2019658963611834800000
Wednesday, January 1, 2020699682671346000000
Friday, January 1, 2021920472811824900000
Saturday, January 1, 20221318190002115900000
Sunday, January 1, 2023875010002631300000
Monday, January 1, 20242954400000
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Data in motion

SG&A Expenses: A Tale of Two Biotech Giants

In the competitive world of biotechnology, operational efficiency is key. This analysis of Selling, General, and Administrative (SG&A) expenses from 2014 to 2023 reveals intriguing insights into the financial strategies of Regeneron Pharmaceuticals, Inc. and Pharming Group N.V. Over this period, Regeneron consistently outspent Pharming, with its SG&A expenses peaking at approximately $2.63 billion in 2023, a staggering 30% increase from 2022. In contrast, Pharming's expenses showed a more modest growth, reaching around $87.5 million in 2023, after a peak in 2022. This disparity highlights Regeneron's aggressive investment in operational activities, potentially fueling its market dominance. Meanwhile, Pharming's more conservative approach may reflect a strategic focus on cost management. As the biotech landscape evolves, these financial strategies could significantly impact each company's competitive positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025