Selling, General, and Administrative Costs: Axsome Therapeutics, Inc. vs Alpine Immune Sciences, Inc.

Biotech SG&A Expenses: Axsome vs. Alpine

__timestampAlpine Immune Sciences, Inc.Axsome Therapeutics, Inc.
Wednesday, January 1, 201422877091392830
Thursday, January 1, 201568440002419289
Friday, January 1, 201685860006343648
Sunday, January 1, 201760790007206691
Monday, January 1, 201883620009351522
Tuesday, January 1, 2019946700013598030
Wednesday, January 1, 20201089900028896749
Friday, January 1, 20211456000066646205
Saturday, January 1, 202217968000159253661
Sunday, January 1, 202322222000323123000
Monday, January 1, 2024411359000
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A Tale of Two Biotechs: SG&A Expenses Over Time

In the competitive world of biotechnology, managing operational costs is crucial for success. This chart compares the Selling, General, and Administrative (SG&A) expenses of Axsome Therapeutics, Inc. and Alpine Immune Sciences, Inc. from 2014 to 2023. Over this period, Axsome Therapeutics has seen a dramatic increase in SG&A expenses, skyrocketing from approximately $1.4 million in 2014 to over $323 million in 2023. This represents a staggering growth of over 23,000%. In contrast, Alpine Immune Sciences experienced a more modest increase, with expenses rising from around $2.3 million to $22 million, marking a growth of nearly 860%. This divergence highlights the differing strategies and scales of these companies. Axsome's aggressive expansion is evident, while Alpine maintains a more conservative approach. Understanding these trends provides valuable insights into the financial strategies of biotech firms.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025