Operational Costs Compared: SG&A Analysis of Vericel Corporation and Mesoblast Limited

Biotech Giants' SG&A Expenses: A Decade of Change

__timestampMesoblast LimitedVericel Corporation
Wednesday, January 1, 20145417000013774000
Thursday, January 1, 20156537800022479000
Friday, January 1, 20165226300027388000
Sunday, January 1, 20173507200035610000
Monday, January 1, 20182741500049007000
Tuesday, January 1, 20193698300061139000
Wednesday, January 1, 20205091800068836000
Friday, January 1, 20216358600097592000
Saturday, January 1, 202257967000106903000
Sunday, January 1, 202353107000120998000
Monday, January 1, 202423626000
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In pursuit of knowledge

A Tale of Two Biotechs: SG&A Expenses Over Time

In the competitive world of biotechnology, operational efficiency is key. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Vericel Corporation and Mesoblast Limited from 2014 to 2023. Over this period, Vericel's SG&A expenses surged by approximately 780%, peaking in 2023. In contrast, Mesoblast's expenses fluctuated, with a notable 64% decrease from its 2015 high to 2024. This divergence highlights Vericel's aggressive expansion strategy, while Mesoblast appears to be optimizing its operational costs. The data reveals a strategic shift in the biotech landscape, where Vericel's increasing expenses may indicate a focus on growth and market penetration, whereas Mesoblast's cost-cutting could suggest a pivot towards sustainability. Missing data for Vericel in 2024 suggests a potential shift or anomaly worth monitoring.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025