__timestamp | Celldex Therapeutics, Inc. | Vertex Pharmaceuticals Incorporated |
---|---|---|
Wednesday, January 1, 2014 | 20622000 | 305409000 |
Thursday, January 1, 2015 | 33837000 | 377080000 |
Friday, January 1, 2016 | 35979000 | 432829000 |
Sunday, January 1, 2017 | 25003000 | 496079000 |
Monday, January 1, 2018 | 19269000 | 557616000 |
Tuesday, January 1, 2019 | 15426000 | 658498000 |
Wednesday, January 1, 2020 | 14456000 | 770456000 |
Friday, January 1, 2021 | 20488000 | 840100000 |
Saturday, January 1, 2022 | 27195000 | 944700000 |
Sunday, January 1, 2023 | 30914000 | 1136600000 |
Monday, January 1, 2024 | 1464300000 |
Unleashing the power of data
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 Celldex Therapeutics, Inc. from 2014 to 2023. Over this period, Vertex Pharmaceuticals has consistently outpaced Celldex in SG&A spending, reflecting its larger scale and broader market reach. In 2023, Vertex's SG&A expenses were approximately 3.7 times higher than in 2014, showcasing a robust growth trajectory. Meanwhile, Celldex's expenses have fluctuated, peaking in 2016 and showing a resurgence in 2023. This divergence highlights the different strategic paths these companies have taken, with Vertex investing heavily in administrative capabilities to support its expanding operations. As the biotech industry continues to evolve, understanding these financial dynamics offers valuable insights into corporate strategies and market positioning.
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