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

Biotech Giants' SG&A Expenses: A Decade of Change

__timestampImmunityBio, Inc.Insmed Incorporated
Wednesday, January 1, 2014432600031073000
Thursday, January 1, 201522620600043216000
Friday, January 1, 20169439100050679000
Sunday, January 1, 20175382100079171000
Monday, January 1, 201835463000168218000
Tuesday, January 1, 201946456000210796000
Wednesday, January 1, 202071318000203613000
Friday, January 1, 2021135256000234273000
Saturday, January 1, 2022102708000265784000
Sunday, January 1, 2023129620000344501000
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Unveiling the hidden dimensions of data

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

In the competitive world of biotechnology, managing operational costs is crucial for success. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Insmed Incorporated and ImmunityBio, Inc. from 2014 to 2023. Over this period, Insmed's SG&A expenses have shown a remarkable increase, growing by over 1,000% from 2014 to 2023. In contrast, ImmunityBio's expenses have fluctuated, peaking in 2015 and then stabilizing with a 200% increase by 2023. This divergence highlights Insmed's aggressive expansion strategy, while ImmunityBio appears to be optimizing its operational efficiency. Understanding these trends provides valuable insights into each company's strategic priorities and financial health. As the biotech industry continues to evolve, monitoring such financial metrics will be key to predicting future market leaders.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025