Operational Costs Compared: SG&A Analysis of Viking Therapeutics, Inc. and Ligand Pharmaceuticals Incorporated

Biotech Giants' SG&A: A Decade of Divergence

__timestampLigand Pharmaceuticals IncorporatedViking Therapeutics, Inc.
Wednesday, January 1, 2014225700001244910
Thursday, January 1, 2015243780005029636
Friday, January 1, 2016266210004846776
Sunday, January 1, 2017286530005329003
Monday, January 1, 2018377340007121000
Tuesday, January 1, 2019418840009128000
Wednesday, January 1, 20206443500010731000
Friday, January 1, 20215748300010701000
Saturday, January 1, 20227006200016121000
Sunday, January 1, 20235279000037021000
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Cracking the code

A Decade of SG&A: Viking Therapeutics vs. Ligand Pharmaceuticals

In the competitive landscape of biotechnology, operational efficiency is paramount. Over the past decade, Ligand Pharmaceuticals Incorporated and Viking Therapeutics, Inc. have showcased contrasting trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Ligand's SG&A expenses have seen a steady increase, peaking in 2022 with a 210% rise from 2014. In contrast, Viking Therapeutics, starting with a modest base, experienced a dramatic surge, culminating in a 2,870% increase by 2023. This divergence highlights Ligand's consistent operational scaling, while Viking's rapid growth reflects its aggressive market expansion strategy. As the biotech sector evolves, understanding these financial dynamics offers valuable insights into each company's strategic priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025