__timestamp | BioMarin Pharmaceutical Inc. | Blueprint Medicines Corporation |
---|---|---|
Wednesday, January 1, 2014 | 302156000 | 7890000 |
Thursday, January 1, 2015 | 402271000 | 14456000 |
Friday, January 1, 2016 | 476593000 | 19218000 |
Sunday, January 1, 2017 | 554336000 | 27986000 |
Monday, January 1, 2018 | 604353000 | 47928000 |
Tuesday, January 1, 2019 | 680924000 | 96388000 |
Wednesday, January 1, 2020 | 737669000 | 157743000 |
Friday, January 1, 2021 | 759375000 | 195293000 |
Saturday, January 1, 2022 | 854009000 | 237374000 |
Sunday, January 1, 2023 | 937300000 | 295141000 |
Monday, January 1, 2024 | 359272000 |
Data in motion
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 BioMarin Pharmaceutical Inc. and Blueprint Medicines Corporation from 2014 to 2023. Over this period, BioMarin's SG&A expenses have surged by over 200%, reflecting its aggressive expansion and investment in new therapies. In contrast, Blueprint Medicines, while starting with significantly lower expenses, has seen a staggering increase of nearly 3,600%, indicating rapid growth and scaling efforts.
BioMarin's expenses consistently outpace Blueprint's, highlighting its established market presence. However, Blueprint's exponential growth in SG&A expenses suggests a company in transition, aiming to solidify its position in the biotech landscape. This financial narrative underscores the dynamic strategies of these two companies as they navigate the challenges and opportunities in the pharmaceutical industry.
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