Selling, General, and Administrative Costs: Arrowhead Pharmaceuticals, Inc. vs Agios Pharmaceuticals, Inc.

Biotech Giants' SG&A Expenses: A Decade of Change

__timestampAgios Pharmaceuticals, Inc.Arrowhead Pharmaceuticals, Inc.
Wednesday, January 1, 20141912000024419536
Thursday, January 1, 20153599200034718089
Friday, January 1, 20165071400040998209
Sunday, January 1, 20177112400032022880
Monday, January 1, 201811414500019110051
Tuesday, January 1, 201913203400026556257
Wednesday, January 1, 202014907000052275890
Friday, January 1, 202112144500080981000
Saturday, January 1, 2022121673000124431000
Sunday, January 1, 202311990300090932000
Monday, January 1, 202415678400098761000
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Data in motion

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 Arrowhead Pharmaceuticals, Inc. and Agios Pharmaceuticals, Inc. from 2014 to 2023. Over this period, Agios Pharmaceuticals saw a significant increase in SG&A expenses, peaking in 2020 with a 680% rise from 2014. Meanwhile, Arrowhead Pharmaceuticals experienced a more moderate growth, with expenses increasing by approximately 410% over the same period.

Interestingly, in 2022, Arrowhead's SG&A expenses surpassed Agios for the first time, marking a pivotal shift in their financial strategies. This trend continued into 2023, highlighting Arrowhead's aggressive expansion and investment in administrative capabilities. However, data for Agios in 2024 is missing, leaving room for speculation on their future financial trajectory. This comparison underscores the dynamic nature of financial management in the biotech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025