Opthea Limited and Agios Pharmaceuticals, Inc.: SG&A Spending Patterns Compared

Pharma Giants' SG&A Spending: A Decade of Trends

__timestampAgios Pharmaceuticals, Inc.Opthea Limited
Wednesday, January 1, 2014191200002652041
Thursday, January 1, 2015359920002361587
Friday, January 1, 2016507140004472869
Sunday, January 1, 2017711240005030957
Monday, January 1, 20181141450004988941
Tuesday, January 1, 20191320340005196412
Wednesday, January 1, 20201490700006652774
Friday, January 1, 202112144500018418247
Saturday, January 1, 202212167300024827066
Sunday, January 1, 202311990300041896408
Monday, January 1, 202415678400015488619
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Unlocking the unknown

SG&A Spending Patterns: Opthea Limited vs. Agios Pharmaceuticals, Inc.

In the competitive landscape of the pharmaceutical industry, understanding spending patterns is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Opthea Limited and Agios Pharmaceuticals, Inc. from 2014 to 2023. Over this period, Agios Pharmaceuticals consistently outspent Opthea, with its SG&A expenses peaking in 2020 at approximately 149 million USD. In contrast, Opthea's highest expenditure was in 2023, reaching around 42 million USD, marking a significant increase of over 500% from its 2014 figures.

Key Insights

  • Agios Pharmaceuticals: Demonstrated a steady increase in SG&A expenses, with a notable 680% rise from 2014 to 2020.
  • Opthea Limited: Showed a more volatile pattern, with a dramatic surge in 2023, indicating strategic shifts or expansion efforts.

These trends highlight the differing strategic priorities and growth trajectories of these two companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025