Selling, General, and Administrative Costs: Vertex Pharmaceuticals Incorporated vs ADMA Biologics, Inc.

Biotech Giants: SG&A Expenses Compared Over a Decade

__timestampADMA Biologics, Inc.Vertex Pharmaceuticals Incorporated
Wednesday, January 1, 20144823869305409000
Thursday, January 1, 20156745968377080000
Friday, January 1, 20168494742432829000
Sunday, January 1, 201718092835496079000
Monday, January 1, 201822502922557616000
Tuesday, January 1, 201925910757658498000
Wednesday, January 1, 202035050817770456000
Friday, January 1, 202142896889840100000
Saturday, January 1, 202252458024944700000
Sunday, January 1, 2023590200001136600000
Monday, January 1, 20241464300000
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Unlocking the unknown

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 Vertex Pharmaceuticals Incorporated and ADMA Biologics, Inc. from 2014 to 2023. Over this period, Vertex Pharmaceuticals has consistently outpaced ADMA Biologics in SG&A spending, reflecting its larger scale and broader market reach. In 2023, Vertex's SG&A expenses were approximately 19 times higher than ADMA's, highlighting its significant investment in administrative and sales functions. ADMA Biologics, while smaller, has shown a steady increase in SG&A expenses, growing by over 1,100% from 2014 to 2023. This growth indicates ADMA's expanding operations and strategic investments in its business infrastructure. Understanding these trends provides valuable insights into each company's operational strategies and market positioning.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025