Selling, General, and Administrative Costs: CRISPR Therapeutics AG vs Protagonist Therapeutics, Inc.

Biotech SG&A Trends: CRISPR vs. Protagonist

__timestampCRISPR Therapeutics AGProtagonist Therapeutics, Inc.
Wednesday, January 1, 201451140001860000
Thursday, January 1, 2015134030002963000
Friday, January 1, 2016310560006961000
Sunday, January 1, 20173584500011779000
Monday, January 1, 20184829400013697000
Tuesday, January 1, 20196348800015749000
Wednesday, January 1, 20208820800018638000
Friday, January 1, 202110280200027196000
Saturday, January 1, 202210246400031739000
Sunday, January 1, 20237616200033491000
Monday, January 1, 202472977000
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Unveiling the hidden dimensions of data

A Decade of SG&A Trends in Biotech: CRISPR vs. Protagonist

In the rapidly evolving biotech sector, understanding financial trends is crucial. Over the past decade, CRISPR Therapeutics AG and Protagonist Therapeutics, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, CRISPR Therapeutics AG's SG&A costs surged by over 1,400%, peaking in 2021. This reflects their aggressive expansion and investment in groundbreaking gene-editing technologies. In contrast, Protagonist Therapeutics, Inc. experienced a more modest increase of approximately 1,700%, with a steady rise in expenses, indicating a strategic scaling of operations. Notably, 2023 saw a decline in CRISPR's expenses by about 26%, possibly signaling a shift towards operational efficiency. Meanwhile, Protagonist's expenses continued to climb, reaching their highest point. These trends highlight the differing strategies and market responses of these biotech innovators, offering valuable insights for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025