| __timestamp | Dynavax Technologies Corporation | Vericel Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 17763000 | 13774000 |
| Thursday, January 1, 2015 | 22180000 | 22479000 |
| Friday, January 1, 2016 | 37257000 | 27388000 |
| Sunday, January 1, 2017 | 27367000 | 35610000 |
| Monday, January 1, 2018 | 64770000 | 49007000 |
| Tuesday, January 1, 2019 | 74986000 | 61139000 |
| Wednesday, January 1, 2020 | 79256000 | 68836000 |
| Friday, January 1, 2021 | 100156000 | 97592000 |
| Saturday, January 1, 2022 | 131408000 | 106903000 |
| Sunday, January 1, 2023 | 152946000 | 120998000 |
Data in motion
In the ever-evolving landscape of biotechnology, understanding financial trends is crucial. Over the past decade, from 2014 to 2023, Vericel Corporation and Dynavax Technologies Corporation have shown significant shifts in their Selling, General, and Administrative (SG&A) expenses. Dynavax, with a 760% increase, saw its SG&A costs rise from approximately $18 million in 2014 to $153 million in 2023. Meanwhile, Vericel's expenses grew by 780%, from $14 million to $121 million in the same period.
These trends highlight the dynamic nature of the biotech sector, where strategic investments in administration and sales are pivotal for growth and innovation.
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