Selling, General, and Administrative Costs: Ionis Pharmaceuticals, Inc. vs PTC Therapeutics, Inc.

Biotech SG&A Trends: Ionis vs. PTC Over a Decade

__timestampIonis Pharmaceuticals, Inc.PTC Therapeutics, Inc.
Wednesday, January 1, 20142014000044820000
Thursday, January 1, 20153717300082080000
Friday, January 1, 20164861600097130000
Sunday, January 1, 2017108488000121271000
Monday, January 1, 2018244622000153548000
Tuesday, January 1, 2019287000000202541000
Wednesday, January 1, 2020354000000245164000
Friday, January 1, 2021186000000285773000
Saturday, January 1, 2022151000000325998000
Sunday, January 1, 2023232600000332540000
Monday, January 1, 2024267474000
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A Decade of SG&A Trends in Biotech Giants

Ionis Pharmaceuticals, Inc. vs. PTC Therapeutics, Inc.

In the ever-evolving landscape of biotechnology, understanding the financial dynamics of industry leaders is crucial. Over the past decade, Ionis Pharmaceuticals and PTC Therapeutics have demonstrated distinct trends in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Ionis Pharmaceuticals saw a staggering increase of over 1,000% in SG&A costs, peaking in 2020. This surge reflects their aggressive expansion and investment in administrative capabilities. Meanwhile, PTC Therapeutics experienced a more consistent growth trajectory, with a notable 640% rise in SG&A expenses by 2023. This steady increase underscores their strategic focus on sustainable growth. The data reveals a fascinating narrative of how these biotech titans allocate resources to maintain competitive edges. As the industry continues to innovate, monitoring these financial strategies offers valuable insights into future market movements.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025