Sarepta Therapeutics, Inc. or Halozyme Therapeutics, Inc.: Who Manages SG&A Costs Better?

Biotech Giants: SG&A Cost Management Showdown

__timestampHalozyme Therapeutics, Inc.Sarepta Therapeutics, Inc.
Wednesday, January 1, 20143594200049315000
Thursday, January 1, 20154002800075043000
Friday, January 1, 20164585300083749000
Sunday, January 1, 201753816000122682000
Monday, January 1, 201860804000207761000
Tuesday, January 1, 201977252000284812000
Wednesday, January 1, 202045736000317875000
Friday, January 1, 202150323000282660000
Saturday, January 1, 2022143526000451421000
Sunday, January 1, 2023149182000481871000
Monday, January 1, 2024154335000
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Cracking the code

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 maintaining profitability. Over the past decade, Halozyme Therapeutics, Inc. and Sarepta Therapeutics, Inc. have demonstrated contrasting approaches to SG&A cost management. From 2014 to 2023, Halozyme's SG&A expenses grew by approximately 315%, while Sarepta's surged by nearly 878%. Despite this, Halozyme's average annual SG&A expenses were about 70% lower than Sarepta's, indicating a more controlled cost structure. Notably, in 2022, Halozyme's expenses spiked by 184% compared to the previous year, reflecting strategic investments or operational shifts. Meanwhile, Sarepta's consistent upward trend suggests aggressive expansion or increased operational complexity. Understanding these dynamics offers valuable insights into each company's strategic priorities and financial health.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025