Selling, General, and Administrative Costs: BeiGene, Ltd. vs Bio-Techne Corporation

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

__timestampBeiGene, Ltd.Bio-Techne Corporation
Wednesday, January 1, 2014693000060716000
Thursday, January 1, 20157311000119401000
Friday, January 1, 201620097000140879000
Sunday, January 1, 201762602000199243000
Monday, January 1, 2018195385000240636000
Tuesday, January 1, 2019388249000264359000
Wednesday, January 1, 2020600176000260583000
Friday, January 1, 2021990123000324951000
Saturday, January 1, 20221277852000372766000
Sunday, January 1, 20231504501000378378000
Monday, January 1, 2024396826000
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In pursuit of knowledge

A Tale of Two Biotech Giants: BeiGene, Ltd. vs Bio-Techne Corporation

In the ever-evolving world of biotechnology, understanding the financial dynamics of industry leaders is crucial. Over the past decade, BeiGene, Ltd. and Bio-Techne Corporation have showcased contrasting trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, BeiGene's SG&A costs skyrocketed by over 21,000%, reflecting its aggressive expansion and investment strategies. In contrast, Bio-Techne's expenses grew by a modest 523%, indicating a more stable growth trajectory.

By 2023, BeiGene's SG&A expenses reached a peak, nearly quadrupling Bio-Techne's, highlighting its rapid scaling efforts. However, the data for 2024 is incomplete, leaving room for speculation on future trends. This financial narrative not only underscores the strategic differences between these two biotech powerhouses but also offers insights into their operational priorities and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025