Opthea Limited vs Celldex Therapeutics, Inc.: SG&A Expense Trends

Biotech SG&A Expenses: Opthea Surpasses Celldex in 2023

__timestampCelldex Therapeutics, Inc.Opthea Limited
Wednesday, January 1, 2014206220002652041
Thursday, January 1, 2015338370002361587
Friday, January 1, 2016359790004472869
Sunday, January 1, 2017250030005030957
Monday, January 1, 2018192690004988941
Tuesday, January 1, 2019154260005196412
Wednesday, January 1, 2020144560006652774
Friday, January 1, 20212048800018418247
Saturday, January 1, 20222719500024827066
Sunday, January 1, 20233091400041896408
Monday, January 1, 202415488619
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Unveiling the hidden dimensions of data

SG&A Expense Trends: Opthea Limited vs Celldex Therapeutics, Inc.

In the ever-evolving landscape of biotechnology, understanding financial trends is crucial. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Opthea Limited and Celldex Therapeutics, Inc. from 2014 to 2023. Over this period, Celldex's SG&A expenses fluctuated, peaking in 2016 with a 48% increase from 2014, before stabilizing around 2023. Opthea, on the other hand, exhibited a remarkable upward trajectory, with expenses surging by over 1,500% from 2014 to 2023, highlighting aggressive expansion strategies. Notably, 2023 marked a pivotal year where Opthea's expenses surpassed Celldex's, indicating a shift in financial dynamics. Missing data for 2024 suggests potential volatility or strategic shifts. This comparative analysis offers a window into the strategic priorities and operational scales of these biotech firms, providing valuable insights for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025