Operational Costs Compared: SG&A Analysis of Soleno Therapeutics, Inc. and Agios Pharmaceuticals, Inc.

SG&A Expenses: Soleno vs. Agios - A Decade of Change

__timestampAgios Pharmaceuticals, Inc.Soleno Therapeutics, Inc.
Wednesday, January 1, 2014191200002917513
Thursday, January 1, 2015359920007878291
Friday, January 1, 2016507140008366794
Sunday, January 1, 2017711240006610381
Monday, January 1, 20181141450006556000
Tuesday, January 1, 20191320340006930000
Wednesday, January 1, 20201490700008758000
Friday, January 1, 202112144500010806000
Saturday, January 1, 20221216730009844000
Sunday, January 1, 202311990300013481000
Monday, January 1, 2024156784000
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Infusing magic into the data realm

A Decade of SG&A: Soleno vs. Agios

In the ever-evolving landscape of biotechnology, operational efficiency is paramount. Over the past decade, Soleno Therapeutics, Inc. and Agios Pharmaceuticals, Inc. have demonstrated contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. Agios Pharmaceuticals has seen a staggering 526% increase in SG&A costs from 2014 to 2023, peaking in 2020. This reflects their aggressive expansion and investment in administrative capabilities. In contrast, Soleno Therapeutics maintained a more conservative growth, with a 362% rise over the same period, indicating a more measured approach to scaling operations.

Key Insights

  • Agios Pharmaceuticals: From 2014 to 2023, SG&A expenses surged, highlighting their strategic focus on growth and market penetration.
  • Soleno Therapeutics: Despite a steady increase, their expenses remained significantly lower, suggesting a focus on lean operations.

These trends underscore the diverse strategies employed by biotech firms in managing operational costs.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025