Protagonist Therapeutics, Inc. or Agios Pharmaceuticals, Inc.: Who Manages SG&A Costs Better?

Biotech Giants: A Decade of SG&A Cost Management

__timestampAgios Pharmaceuticals, Inc.Protagonist Therapeutics, Inc.
Wednesday, January 1, 2014191200001860000
Thursday, January 1, 2015359920002963000
Friday, January 1, 2016507140006961000
Sunday, January 1, 20177112400011779000
Monday, January 1, 201811414500013697000
Tuesday, January 1, 201913203400015749000
Wednesday, January 1, 202014907000018638000
Friday, January 1, 202112144500027196000
Saturday, January 1, 202212167300031739000
Sunday, January 1, 202311990300033491000
Monday, January 1, 2024156784000
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Who Manages SG&A Costs Better: Protagonist Therapeutics or Agios Pharmaceuticals?

In the competitive landscape of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. From 2014 to 2023, Agios Pharmaceuticals consistently reported higher SG&A costs compared to Protagonist Therapeutics. Agios's expenses peaked in 2020, reaching nearly 150% more than their 2014 levels, while Protagonist's costs increased by approximately 170% over the same period. Despite Agios's larger scale, Protagonist's more modest growth in expenses suggests a tighter control over SG&A costs. This trend highlights Protagonist's strategic focus on cost efficiency, potentially offering a competitive edge in the biotech sector. As the industry evolves, these financial strategies could play a pivotal role in determining long-term success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025