| __timestamp | Alnylam Pharmaceuticals, Inc. | Incyte Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 44526000 | 165772000 |
| Thursday, January 1, 2015 | 60610000 | 196614000 |
| Friday, January 1, 2016 | 89354000 | 303251000 |
| Sunday, January 1, 2017 | 199365000 | 366406000 |
| Monday, January 1, 2018 | 382359000 | 434407000 |
| Tuesday, January 1, 2019 | 479005000 | 468711000 |
| Wednesday, January 1, 2020 | 588420000 | 516922000 |
| Friday, January 1, 2021 | 620639000 | 739560000 |
| Saturday, January 1, 2022 | 770658000 | 1002140000 |
| Sunday, January 1, 2023 | 795646000 | 1161300000 |
| Monday, January 1, 2024 | 975526000 | 1242157000 |
Igniting the spark of knowledge
In the competitive landscape of biotechnology, managing operational costs is crucial. Over the past decade, Alnylam Pharmaceuticals and Incyte Corporation have shown distinct trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Alnylam's SG&A expenses surged by approximately 1,700%, reflecting its aggressive expansion and investment in innovation. Incyte, on the other hand, saw a 600% increase, indicating a more measured growth strategy. Notably, in 2023, Incyte's SG&A expenses were about 46% higher than Alnylam's, highlighting its larger scale of operations. These trends underscore the strategic choices each company makes in balancing growth with cost management. As the biotech industry continues to evolve, understanding these financial dynamics offers valuable insights into the operational strategies of leading firms.
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