Selling, General, and Administrative Costs: Corcept Therapeutics Incorporated vs Amicus Therapeutics, Inc.

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

__timestampAmicus Therapeutics, Inc.Corcept Therapeutics Incorporated
Wednesday, January 1, 20142071700034916000
Thursday, January 1, 20154726900036949000
Friday, January 1, 20167115100045240000
Sunday, January 1, 20178867100062416000
Monday, January 1, 201812720000081289000
Tuesday, January 1, 2019169861000100359000
Wednesday, January 1, 2020156407000105326000
Friday, January 1, 2021192710000122356000
Saturday, January 1, 2022213041000152848000
Sunday, January 1, 2023275270000184259000
Loading chart...

Cracking the code

A Decade of SG&A Trends: Corcept vs. Amicus

In the competitive landscape of biotechnology, managing operational costs is crucial for sustained growth. Over the past decade, from 2014 to 2023, Corcept Therapeutics Incorporated and Amicus Therapeutics, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses.

Amicus Therapeutics has seen a remarkable increase in SG&A costs, growing by over 1,200% from 2014 to 2023. This surge reflects their aggressive expansion and investment in administrative capabilities. In contrast, Corcept Therapeutics, while also experiencing growth, has maintained a more conservative increase of approximately 430% over the same period.

This divergence highlights differing strategic priorities: Amicus's focus on rapid scaling versus Corcept's steady, controlled growth. As both companies continue to evolve, their SG&A trends offer valuable insights into their operational strategies and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025