Selling, General, and Administrative Costs: Ionis Pharmaceuticals, Inc. vs Iovance Biotherapeutics, Inc.

Biotech SG&A Costs: Ionis vs. Iovance Over a Decade

__timestampIonis Pharmaceuticals, Inc.Iovance Biotherapeutics, Inc.
Wednesday, January 1, 2014201400009335772
Thursday, January 1, 20153717300012390000
Friday, January 1, 20164861600025602000
Sunday, January 1, 201710848800021262000
Monday, January 1, 201824462200028430000
Tuesday, January 1, 201928700000040849000
Wednesday, January 1, 202035400000060210000
Friday, January 1, 202118600000083664000
Saturday, January 1, 2022151000000104097000
Sunday, January 1, 2023232600000106916000
Monday, January 1, 2024267474000
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Igniting the spark of knowledge

A Decade of SG&A Trends in Biotech Giants

In the ever-evolving landscape of biotechnology, understanding financial trends is crucial. Over the past decade, Ionis Pharmaceuticals, Inc. and Iovance Biotherapeutics, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses. Ionis Pharmaceuticals, a leader in RNA-targeted therapeutics, saw its SG&A costs skyrocket by over 1,000% from 2014 to 2023, peaking in 2020. This surge reflects their aggressive expansion and strategic investments. Meanwhile, Iovance Biotherapeutics, known for pioneering cancer immunotherapies, experienced a more modest increase of approximately 1,050% in the same period, with a steady rise in expenses, particularly from 2019 onwards. This growth aligns with their clinical advancements and market penetration efforts. These financial insights not only highlight the companies' operational strategies but also provide a window into the broader biotech industry's economic dynamics.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025