Selling, General, and Administrative Costs: Neurocrine Biosciences, Inc. vs MannKind Corporation

Biotech Giants: A Decade of SG&A Expense Trends

__timestampMannKind CorporationNeurocrine Biosciences, Inc.
Wednesday, January 1, 20147938300017986000
Thursday, January 1, 201510840200032480000
Friday, January 1, 20164692800068081000
Sunday, January 1, 201774959000169906000
Monday, January 1, 201879716000248932000
Tuesday, January 1, 201974669000354100000
Wednesday, January 1, 202059040000433300000
Friday, January 1, 202177417000583300000
Saturday, January 1, 202291473000752700000
Sunday, January 1, 202394314000887600000
Monday, January 1, 20241007200000
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Igniting the spark of knowledge

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

In the competitive world of biotechnology, managing operational costs is crucial for success. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Neurocrine Biosciences, Inc. and MannKind Corporation from 2014 to 2023. Over this period, Neurocrine Biosciences has seen a staggering increase in SG&A expenses, growing nearly 50 times from 2014 to 2023. In contrast, MannKind Corporation's expenses have remained relatively stable, with a modest increase of about 20% over the same period.

Neurocrine's significant rise in expenses, peaking at nearly $888 million in 2023, reflects its aggressive expansion and investment in research and development. Meanwhile, MannKind's more conservative financial strategy is evident in its consistent expenditure, which reached approximately $94 million in 2023. This divergence in financial strategies highlights the different paths these companies are taking in the biotech landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025