Operational Costs Compared: SG&A Analysis of Vericel Corporation and Soleno Therapeutics, Inc.

Biotech Giants: Vericel vs. Soleno SG&A Trends

__timestampSoleno Therapeutics, Inc.Vericel Corporation
Wednesday, January 1, 2014291751313774000
Thursday, January 1, 2015787829122479000
Friday, January 1, 2016836679427388000
Sunday, January 1, 2017661038135610000
Monday, January 1, 2018655600049007000
Tuesday, January 1, 2019693000061139000
Wednesday, January 1, 2020875800068836000
Friday, January 1, 20211080600097592000
Saturday, January 1, 20229844000106903000
Sunday, January 1, 202313481000120998000
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In pursuit of knowledge

A Decade of SG&A: Vericel vs. Soleno

In the ever-evolving landscape of biotechnology, operational efficiency is paramount. Over the past decade, Vericel Corporation and Soleno Therapeutics, Inc. have showcased contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Vericel's SG&A expenses surged by approximately 780%, reflecting its aggressive expansion and market penetration strategies. In contrast, Soleno's expenses grew by about 360%, indicating a more conservative approach.

Key Insights

  • Vericel's Growth: By 2023, Vericel's SG&A expenses reached nearly 12 times that of 2014, peaking at over $120 million.
  • Soleno's Strategy: Soleno's expenses, while increasing, remained more stable, with a peak of around $13 million in 2023.

This analysis underscores the diverse strategies employed by biotech firms in managing operational costs, offering valuable insights for investors and industry stakeholders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025