Selling, General, and Administrative Costs: Alpine Immune Sciences, Inc. vs Agios Pharmaceuticals, Inc.

Biotech SG&A Expenses: Agios vs. Alpine (2014-2023)

__timestampAgios Pharmaceuticals, Inc.Alpine Immune Sciences, Inc.
Wednesday, January 1, 2014191200002287709
Thursday, January 1, 2015359920006844000
Friday, January 1, 2016507140008586000
Sunday, January 1, 2017711240006079000
Monday, January 1, 20181141450008362000
Tuesday, January 1, 20191320340009467000
Wednesday, January 1, 202014907000010899000
Friday, January 1, 202112144500014560000
Saturday, January 1, 202212167300017968000
Sunday, January 1, 202311990300022222000
Monday, January 1, 2024156784000
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Cracking the code

A Tale of Two Biotechs: SG&A Expenses Over Time

In the competitive world of biotechnology, managing operational costs is crucial for success. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Alpine Immune Sciences, Inc. and Agios Pharmaceuticals, Inc. from 2014 to 2023. Agios Pharmaceuticals, Inc. consistently outspent Alpine Immune Sciences, Inc., with SG&A expenses peaking at approximately $149 million in 2020, a staggering 680% increase from 2014. In contrast, Alpine Immune Sciences, Inc. saw a more modest rise, with expenses growing nearly tenfold, reaching around $22 million in 2023. This disparity highlights Agios's aggressive investment in administrative and sales functions, possibly reflecting a broader market strategy. Meanwhile, Alpine's more conservative spending may indicate a focus on lean operations. Understanding these trends offers valuable insights into each company's strategic priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025