Selling, General, and Administrative Costs: United Therapeutics Corporation vs Novavax, Inc.

Biotech Giants' SG&A Expenses: A Decade of Strategic Spending

__timestampNovavax, Inc.United Therapeutics Corporation
Wednesday, January 1, 201419928000381287000
Thursday, January 1, 201530842000452612000
Friday, January 1, 201646527000316800000
Sunday, January 1, 201734451000330100000
Monday, January 1, 201834409000265800000
Tuesday, January 1, 201934417000336200000
Wednesday, January 1, 2020145290000423900000
Friday, January 1, 2021298358000467000000
Saturday, January 1, 2022488691000487000000
Sunday, January 1, 2023468946000477100000
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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 costs is crucial for success. This analysis compares the Selling, General, and Administrative (SG&A) expenses of United Therapeutics Corporation and Novavax, Inc. from 2014 to 2023. Over this period, United Therapeutics consistently maintained higher SG&A expenses, peaking in 2022 with nearly 487 million USD. In contrast, Novavax saw a dramatic increase, with expenses rising from approximately 20 million USD in 2014 to nearly 489 million USD in 2022, a staggering 24-fold increase. This surge reflects Novavax's aggressive expansion and investment in its operations, particularly during the COVID-19 pandemic. Meanwhile, United Therapeutics' expenses remained relatively stable, showcasing its strategic cost management. This comparison highlights the diverse strategies employed by biotech companies in navigating financial challenges and opportunities.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025