Selling, General, and Administrative Costs: Eli Lilly and Company vs Iovance Biotherapeutics, Inc.

SG&A Expenses: Eli Lilly vs. Iovance Biotherapeutics

__timestampEli Lilly and CompanyIovance Biotherapeutics, Inc.
Wednesday, January 1, 201466208000009335772
Thursday, January 1, 2015653300000012390000
Friday, January 1, 2016645200000025602000
Sunday, January 1, 2017658810000021262000
Monday, January 1, 2018597510000028430000
Tuesday, January 1, 2019621380000040849000
Wednesday, January 1, 2020612120000060210000
Friday, January 1, 2021643160000083664000
Saturday, January 1, 20226440400000104097000
Sunday, January 1, 20236941200000106916000
Monday, January 1, 20248593800000
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Data in motion

A Tale of Two Companies: SG&A Expenses Over Time

In the world of pharmaceuticals and biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for maintaining profitability and growth. This chart provides a fascinating comparison between Eli Lilly and Company, a pharmaceutical giant, and Iovance Biotherapeutics, Inc., a rising star in the biotech sector, from 2014 to 2023.

Eli Lilly's SG&A expenses have shown a steady trend, averaging around $6.4 billion annually, with a notable peak in 2023, marking a 16% increase from its lowest point in 2018. In contrast, Iovance Biotherapeutics, Inc. has experienced a dramatic rise in SG&A expenses, growing over tenfold from 2014 to 2023. This reflects Iovance's aggressive expansion and investment in its operations.

This comparison highlights the different growth strategies of established and emerging companies in the healthcare industry, offering insights into their financial management and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025