Selling, General, and Administrative Costs: Summit Therapeutics Inc. vs Alpine Immune Sciences, Inc.

Biotech SG&A Expenses: Summit vs. Alpine (2014-2023)

__timestampAlpine Immune Sciences, Inc.Summit Therapeutics Inc.
Wednesday, January 1, 201422877096795238
Thursday, January 1, 201568440007454247
Friday, January 1, 2016858600010345862
Sunday, January 1, 2017607900016984203
Monday, January 1, 2018836200016187290
Tuesday, January 1, 201994670009299233.54
Wednesday, January 1, 20201089900019232000
Friday, January 1, 20211456000023611000
Saturday, January 1, 20221796800026700000
Sunday, January 1, 20232222200028215000
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Cracking the code

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 Summit Therapeutics Inc. and Alpine Immune Sciences, Inc. from 2014 to 2023. Over this period, Summit Therapeutics consistently outspent Alpine Immune Sciences, with a peak in 2023 where Summit's expenses were approximately 27% higher. Notably, both companies saw a significant rise in SG&A costs, with Alpine's expenses growing nearly tenfold from 2014 to 2023. This trend reflects the increasing investment in administrative and operational capabilities as these companies strive to innovate and expand their market presence. Understanding these financial dynamics offers valuable insights into the strategic priorities and growth trajectories of these biotech firms.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025