Selling, General, and Administrative Costs: Ascendis Pharma A/S vs Novavax, Inc.

Biotech Giants' SG&A Costs: A Decade of Growth

__timestampAscendis Pharma A/SNovavax, Inc.
Wednesday, January 1, 2014627400019928000
Thursday, January 1, 2015941500030842000
Friday, January 1, 20161150400046527000
Sunday, January 1, 20171348200034451000
Monday, January 1, 20182505700034409000
Tuesday, January 1, 20194847300034417000
Wednesday, January 1, 202076669000145290000
Friday, January 1, 2021160180000298358000
Saturday, January 1, 2022221227000488691000
Sunday, January 1, 2023264410000468946000
Monday, January 1, 2024284545000
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Unleashing the power of data

A Tale of Two Biotechs: Ascendis Pharma A/S vs. Novavax, Inc.

In the ever-evolving world of biotechnology, understanding financial health is crucial. This chart provides a fascinating glimpse into the Selling, General, and Administrative (SG&A) expenses of Ascendis Pharma A/S and Novavax, Inc. over the past decade. From 2014 to 2023, Ascendis Pharma's SG&A costs surged by over 4,100%, reflecting its aggressive growth strategy. Meanwhile, Novavax saw a more modest increase of approximately 2,300%, peaking in 2022. Notably, 2021 marked a pivotal year for both companies, with Novavax's expenses nearly doubling, likely due to its COVID-19 vaccine efforts. Ascendis Pharma, on the other hand, steadily increased its spending, indicating a focus on long-term development. This financial narrative underscores the dynamic strategies of these biotech giants as they navigate the competitive landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025