Selling, General, and Administrative Costs: Verona Pharma plc vs Merus N.V.

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

__timestampMerus N.V.Verona Pharma plc
Wednesday, January 1, 201438523271802274
Thursday, January 1, 20158396562512761
Friday, January 1, 201644781452894488
Sunday, January 1, 2017164323248096274
Monday, January 1, 2018118908717985229
Tuesday, January 1, 2019341100008994597
Wednesday, January 1, 20203578100029772000
Friday, January 1, 20214089600033907000
Saturday, January 1, 20225220000026579000
Sunday, January 1, 20235983600049868547
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Unleashing the power 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 analysis compares the Selling, General, and Administrative (SG&A) expenses of two prominent players: Verona Pharma plc and Merus N.V., from 2014 to 2023. Over this period, Merus N.V. has seen a staggering increase in SG&A expenses, growing by over 1,450%, from approximately $3.85 million in 2014 to nearly $59.84 million in 2023. Verona Pharma plc, while also experiencing growth, has seen a more moderate increase of around 2,670%, with expenses rising from $1.80 million to $49.87 million in the same timeframe. This trend highlights the aggressive expansion and operational scaling of these companies. As the biotech industry continues to evolve, understanding these financial dynamics offers valuable insights into strategic business decisions and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025