Rhythm Pharmaceuticals, Inc. or Novavax, Inc.: Who Manages SG&A Costs Better?

Biotech Giants: SG&A Cost Management Showdown

__timestampNovavax, Inc.Rhythm Pharmaceuticals, Inc.
Wednesday, January 1, 2014199280001213000
Thursday, January 1, 2015308420003425000
Friday, January 1, 2016465270006311000
Sunday, January 1, 2017344510009518000
Monday, January 1, 20183440900028080000
Tuesday, January 1, 20193441700036550000
Wednesday, January 1, 202014529000046125000
Friday, January 1, 202129835800068486000
Saturday, January 1, 202248869100092032000
Sunday, January 1, 2023468946000117532000
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Unveiling the hidden dimensions of data

SG&A Cost Management: A Tale of Two Biotechs

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Over the past decade, Rhythm Pharmaceuticals, Inc. and Novavax, Inc. have taken different paths in this regard. From 2014 to 2023, Novavax's SG&A expenses surged by over 2,250%, peaking in 2022. In contrast, Rhythm Pharmaceuticals maintained a more conservative growth, with expenses increasing by approximately 9,600% over the same period, yet starting from a much lower base.

While Novavax's expenses skyrocketed, reflecting its aggressive expansion and operational scaling, Rhythm Pharmaceuticals' steadier increase suggests a more controlled approach. This divergence highlights the strategic choices companies make in balancing growth with cost management. As investors and stakeholders evaluate these companies, understanding their SG&A trends offers valuable insights into their operational strategies and financial discipline.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025