Selling, General, and Administrative Costs: Ionis Pharmaceuticals, Inc. vs Verona Pharma plc

Ionis vs. Verona: A Decade of SG&A Expense Trends

__timestampIonis Pharmaceuticals, Inc.Verona Pharma plc
Wednesday, January 1, 2014201400001802274
Thursday, January 1, 2015371730002512761
Friday, January 1, 2016486160002894488
Sunday, January 1, 20171084880008096274
Monday, January 1, 20182446220007985229
Tuesday, January 1, 20192870000008994597
Wednesday, January 1, 202035400000029772000
Friday, January 1, 202118600000033907000
Saturday, January 1, 202215100000026579000
Sunday, January 1, 202323260000049868547
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Infusing magic into the data realm

A Tale of Two Biopharma Companies: Ionis Pharmaceuticals vs. Verona Pharma

In the ever-evolving landscape of biopharmaceuticals, understanding the financial dynamics of key players is crucial. Ionis Pharmaceuticals, Inc. and Verona Pharma plc, two prominent names in the industry, have shown contrasting trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Ionis Pharmaceuticals experienced a staggering increase of over 1,000% in SG&A costs, peaking in 2020. This reflects their aggressive expansion and investment in research and development. In contrast, Verona Pharma's SG&A expenses, while also increasing, grew at a more modest pace, highlighting a more conservative approach. By 2023, Ionis's expenses were nearly five times higher than Verona's, underscoring their differing strategies. This financial narrative not only reveals the companies' operational priorities but also offers insights into their market positioning and future growth trajectories.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025