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

Ionis vs Xencor: A Decade of SG&A Expense Trends

__timestampIonis Pharmaceuticals, Inc.Xencor, Inc.
Wednesday, January 1, 2014201400007461000
Thursday, January 1, 20153717300011960000
Friday, January 1, 20164861600013108000
Sunday, January 1, 201710848800017501000
Monday, January 1, 201824462200022472000
Tuesday, January 1, 201928700000024286000
Wednesday, January 1, 202035400000029689000
Friday, January 1, 202118600000038837000
Saturday, January 1, 202215100000047489000
Sunday, January 1, 202323260000053379000
Monday, January 1, 2024267474000
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A Tale of Two Biotechs: SG&A Expenses Over Time

In the competitive world of biotechnology, managing costs is crucial for success. This chart compares the Selling, General, and Administrative (SG&A) expenses of Ionis Pharmaceuticals, Inc. and Xencor, Inc. from 2014 to 2023. Over this period, Ionis Pharmaceuticals has consistently outpaced Xencor in SG&A spending, reflecting its larger scale and broader operational scope. In 2020, Ionis reached its peak, spending nearly 13 times more than Xencor. However, by 2023, Ionis reduced its expenses by 34% from its 2020 high, while Xencor's costs grew steadily, increasing by 615% since 2014. This divergence highlights Ionis's strategic cost management and Xencor's growth trajectory. Understanding these trends provides valuable insights into each company's operational strategies and market positioning, offering a glimpse into their future potential in the biotech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025