Regeneron Pharmaceuticals, Inc. or Alnylam Pharmaceuticals, Inc.: Who Manages SG&A Costs Better?

Biotech Giants' SG&A Strategies: A Decade in Review

__timestampAlnylam Pharmaceuticals, Inc.Regeneron Pharmaceuticals, Inc.
Wednesday, January 1, 201444526000504755000
Thursday, January 1, 201560610000838526000
Friday, January 1, 2016893540001177697000
Sunday, January 1, 20171993650001320433000
Monday, January 1, 20183823590001556200000
Tuesday, January 1, 20194790050001834800000
Wednesday, January 1, 20205884200001346000000
Friday, January 1, 20216206390001824900000
Saturday, January 1, 20227706580002115900000
Sunday, January 1, 20237956460002631300000
Monday, January 1, 20249755260002954400000
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Unleashing insights

Managing SG&A Costs: A Tale of Two Biotech Giants

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability. Over the past decade, Regeneron Pharmaceuticals, Inc. and Alnylam Pharmaceuticals, Inc. have demonstrated contrasting approaches to SG&A cost management. From 2014 to 2023, Regeneron's SG&A expenses surged by over 400%, peaking at approximately $2.63 billion in 2023. In contrast, Alnylam's expenses grew by a staggering 1,700%, reaching around $796 million in the same year.

Despite Regeneron's higher absolute costs, their growth rate was more controlled compared to Alnylam's. This suggests a more strategic allocation of resources, potentially contributing to Regeneron's robust market position. As the biotech industry continues to evolve, these insights into SG&A management offer valuable lessons for emerging companies aiming to balance growth with cost efficiency.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025