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

Biotech Giants: SG&A Trends Over a Decade

__timestampVericel CorporationViridian Therapeutics, Inc.
Wednesday, January 1, 2014137740007751000
Thursday, January 1, 20152247900010251000
Friday, January 1, 2016273880009575000
Sunday, January 1, 20173561000010912000
Monday, January 1, 20184900700011049000
Tuesday, January 1, 20196113900011646000
Wednesday, January 1, 20206883600013265000
Friday, January 1, 20219759200025805000
Saturday, January 1, 202210690300035182000
Sunday, January 1, 202312099800094999000
Loading chart...

Unleashing the power of data

A Decade of SG&A: Vericel vs. Viridian

In the ever-evolving landscape of biotechnology, operational efficiency is paramount. Over the past decade, Vericel Corporation and Viridian Therapeutics, Inc. have demonstrated contrasting trajectories in their Selling, General, and Administrative (SG&A) expenses. Vericel's SG&A expenses have surged by nearly 780% from 2014 to 2023, reflecting its aggressive growth strategy. In contrast, Viridian's expenses have increased by approximately 1,125%, indicating a significant ramp-up in its operational activities.

Key Insights

  • Vericel Corporation: From 2014 to 2023, Vericel's SG&A expenses grew from $13.8 million to $121 million, showcasing its commitment to expanding its market presence.
  • Viridian Therapeutics, Inc.: Starting at $7.8 million in 2014, Viridian's expenses reached $95 million by 2023, highlighting its strategic investments in growth.

This analysis underscores the dynamic nature of the biotech sector, where strategic investments in SG&A can drive substantial growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025