Selling, General, and Administrative Costs: Verona Pharma plc vs Dynavax Technologies Corporation

Biotech SG&A Expenses: Verona vs. Dynavax

__timestampDynavax Technologies CorporationVerona Pharma plc
Wednesday, January 1, 2014177630001802274
Thursday, January 1, 2015221800002512761
Friday, January 1, 2016372570002894488
Sunday, January 1, 2017273670008096274
Monday, January 1, 2018647700007985229
Tuesday, January 1, 2019749860008994597
Wednesday, January 1, 20207925600029772000
Friday, January 1, 202110015600033907000
Saturday, January 1, 202213140800026579000
Sunday, January 1, 202315294600049868547
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Cracking the code

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 Verona Pharma plc and Dynavax Technologies Corporation from 2014 to 2023. Over this period, Dynavax has consistently outpaced Verona in SG&A spending, with a notable increase of approximately 760% from 2014 to 2023. In contrast, Verona's expenses grew by around 2,670% during the same period, reflecting its strategic investments in growth and development.

By 2023, Dynavax's SG&A expenses reached their peak, accounting for nearly 76% more than Verona's. This trend highlights the differing financial strategies of these two companies, with Dynavax focusing on maintaining a steady growth trajectory, while Verona appears to be ramping up its operational capabilities. Understanding these trends provides valuable insights into the financial health and strategic priorities of these biotech firms.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025