Selling, General, and Administrative Costs: Sarepta Therapeutics, Inc. vs Pharming Group N.V.

Biotech Giants' SG&A Costs: A Decade of Growth and Strategy

__timestampPharming Group N.V.Sarepta Therapeutics, Inc.
Wednesday, January 1, 2014404202549315000
Thursday, January 1, 2015527955775043000
Friday, January 1, 2016807391383749000
Sunday, January 1, 201744864073122682000
Monday, January 1, 201853488904207761000
Tuesday, January 1, 201965896361284812000
Wednesday, January 1, 202069968267317875000
Friday, January 1, 202192047281282660000
Saturday, January 1, 2022131819000451421000
Sunday, January 1, 202387501000481871000
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Unveiling the hidden dimensions of data

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

In the competitive world of biotechnology, managing operational costs is crucial for success. This chart compares the Selling, General, and Administrative (SG&A) expenses of two prominent companies: Sarepta Therapeutics, Inc. and Pharming Group N.V., from 2014 to 2023. Over this period, Sarepta Therapeutics consistently outpaced Pharming Group in SG&A spending, reflecting its aggressive growth strategy. By 2023, Sarepta's SG&A expenses had surged by nearly 900%, reaching approximately 482 million, while Pharming's expenses grew by about 2,000%, peaking at around 132 million. This stark contrast highlights Sarepta's larger scale and broader market reach. The data underscores the importance of strategic financial management in the biotech sector, where high SG&A costs can be both a sign of growth and a potential risk. As these companies continue to innovate, their financial strategies will be key to sustaining their competitive edge.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025