Selling, General, and Administrative Costs: Pharming Group N.V. vs Vericel Corporation

Biotech SG&A Expenses: Pharming vs. Vericel

__timestampPharming Group N.V.Vericel Corporation
Wednesday, January 1, 2014404202513774000
Thursday, January 1, 2015527955722479000
Friday, January 1, 2016807391327388000
Sunday, January 1, 20174486407335610000
Monday, January 1, 20185348890449007000
Tuesday, January 1, 20196589636161139000
Wednesday, January 1, 20206996826768836000
Friday, January 1, 20219204728197592000
Saturday, January 1, 2022131819000106903000
Sunday, January 1, 202387501000120998000
Loading chart...

Unleashing insights

A Comparative Analysis of SG&A Expenses in the Biotech Sector

In the ever-evolving biotech industry, understanding financial trends is crucial for investors and stakeholders. This analysis focuses on the Selling, General, and Administrative (SG&A) expenses of two prominent companies: Pharming Group N.V. and Vericel Corporation, from 2014 to 2023. Over this period, Vericel Corporation's SG&A expenses surged by approximately 780%, peaking in 2023, while Pharming Group N.V. saw a more modest increase of around 2,065%, with its highest expenses recorded in 2022. Notably, both companies experienced significant growth in their SG&A costs, reflecting their strategic investments in marketing and administration to support expansion. The data highlights a competitive landscape where efficient cost management could be a key differentiator. As the biotech sector continues to grow, monitoring these financial metrics will be essential for predicting future performance and making informed investment decisions.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025