Selling, General, and Administrative Costs: Insmed Incorporated vs CymaBay Therapeutics, Inc.

Biotech Giants: A Decade of SG&A Expense Trends

__timestampCymaBay Therapeutics, Inc.Insmed Incorporated
Wednesday, January 1, 2014818500031073000
Thursday, January 1, 2015887100043216000
Friday, January 1, 2016964500050679000
Sunday, January 1, 20171238700079171000
Monday, January 1, 201814381000168218000
Tuesday, January 1, 201919238000210796000
Wednesday, January 1, 202017425000203613000
Friday, January 1, 202123040000234273000
Saturday, January 1, 202225116000265784000
Sunday, January 1, 202351953000344501000
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Unleashing insights

A Decade of SG&A Expenses: Insmed vs. CymaBay

In the competitive landscape of biotechnology, managing operational costs is crucial. Over the past decade, Insmed Incorporated and CymaBay Therapeutics, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Insmed's SG&A expenses surged by over 1,000%, peaking at $344 million in 2023. This reflects their aggressive expansion and investment in research and development. In contrast, CymaBay's expenses grew by approximately 535%, reaching $52 million in 2023. This indicates a more conservative growth strategy. The data highlights Insmed's commitment to scaling operations, while CymaBay maintains a steady, albeit slower, growth path. These trends offer insights into each company's strategic priorities and market positioning. As the biotech sector continues to evolve, understanding these financial dynamics is key for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025