Selling, General, and Administrative Costs: Bio-Techne Corporation vs Ascendis Pharma A/S

Biotech SG&A Expenses: A Decade of Growth and Strategy

__timestampAscendis Pharma A/SBio-Techne Corporation
Wednesday, January 1, 2014627400060716000
Thursday, January 1, 20159415000119401000
Friday, January 1, 201611504000140879000
Sunday, January 1, 201713482000199243000
Monday, January 1, 201825057000240636000
Tuesday, January 1, 201948473000264359000
Wednesday, January 1, 202076669000260583000
Friday, January 1, 2021160180000324951000
Saturday, January 1, 2022221227000372766000
Sunday, January 1, 2023264410000378378000
Monday, January 1, 2024284545000396826000
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Infusing magic into the data realm

A Comparative Analysis of SG&A Expenses in the Biotech Sector

In the ever-evolving biotech industry, understanding financial trends is crucial for investors and stakeholders. This analysis focuses on the Selling, General, and Administrative (SG&A) expenses of two prominent companies: Bio-Techne Corporation and Ascendis Pharma A/S, from 2014 to 2023.

Bio-Techne Corporation has consistently demonstrated robust growth, with SG&A expenses increasing by over 500% from 2014 to 2023. This reflects their strategic investments in expanding operations and market reach. In contrast, Ascendis Pharma A/S, while showing a significant rise in SG&A expenses, experienced a more volatile trajectory, with a notable surge of over 400% during the same period.

The data highlights Bio-Techne's steady financial management and Ascendis Pharma's aggressive expansion strategy. As the biotech sector continues to grow, these insights provide a window into the financial health and strategic priorities of these industry leaders.

Key Insights

  • Bio-Techne's SG&A expenses grew steadily, indicating stable expansion.
  • Ascendis Pharma's expenses showed volatility, reflecting aggressive growth strategies.
  • Missing data for 2024 suggests ongoing developments in Bio-Techne's financial strategy.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025