Selling, General, and Administrative Costs: Cytokinetics, Incorporated vs PTC Therapeutics, Inc.

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

__timestampCytokinetics, IncorporatedPTC Therapeutics, Inc.
Wednesday, January 1, 20141726800044820000
Thursday, January 1, 20151966700082080000
Friday, January 1, 20162782300097130000
Sunday, January 1, 201736468000121271000
Monday, January 1, 201831282000153548000
Tuesday, January 1, 201939610000202541000
Wednesday, January 1, 202052820000245164000
Friday, January 1, 202196803000285773000
Saturday, January 1, 2022177977000325998000
Sunday, January 1, 2023173612000332540000
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Unveiling the hidden dimensions of data

A Decade of SG&A Trends: Cytokinetics vs. PTC Therapeutics

In the competitive landscape of biotechnology, understanding financial trends is crucial. Over the past decade, from 2014 to 2023, Cytokinetics, Incorporated and PTC Therapeutics, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. Cytokinetics started with a modest $17 million in 2014, growing over tenfold to approximately $174 million by 2023. This represents a staggering increase of over 900%, highlighting their aggressive expansion and investment in administrative capabilities.

Conversely, PTC Therapeutics began with $45 million in 2014, reaching $333 million in 2023, marking a 640% increase. This growth underscores their strategic focus on scaling operations. Notably, PTC consistently outspent Cytokinetics, reflecting their larger operational scale. These trends offer a window into each company's strategic priorities and market positioning, providing 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