Selling, General, and Administrative Costs: Ionis Pharmaceuticals, Inc. vs Mesoblast Limited

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

__timestampIonis Pharmaceuticals, Inc.Mesoblast Limited
Wednesday, January 1, 20142014000054170000
Thursday, January 1, 20153717300065378000
Friday, January 1, 20164861600052263000
Sunday, January 1, 201710848800035072000
Monday, January 1, 201824462200027415000
Tuesday, January 1, 201928700000036983000
Wednesday, January 1, 202035400000050918000
Friday, January 1, 202118600000063586000
Saturday, January 1, 202215100000057967000
Sunday, January 1, 202323260000053107000
Monday, January 1, 202426747400023626000
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In pursuit of knowledge

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

In the competitive world of biotechnology, managing costs is crucial for success. Ionis Pharmaceuticals, Inc. and Mesoblast Limited, two prominent players, have shown contrasting trends in their Selling, General, and Administrative (SG&A) expenses from 2014 to 2023. Ionis Pharmaceuticals experienced a dramatic increase in SG&A expenses, peaking in 2020 with a staggering 1,660% rise from 2014. This surge reflects their aggressive expansion and investment in research and development. However, post-2020, Ionis managed to reduce these costs by 47% by 2022, indicating a strategic shift towards efficiency.

Conversely, Mesoblast Limited maintained a more stable SG&A expense pattern, with a modest 21% increase over the same period. This stability suggests a conservative approach, focusing on sustainable growth. The data for 2024 is incomplete, highlighting the dynamic nature of financial forecasting in the biotech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025