SG&A Efficiency Analysis: Comparing Alnylam Pharmaceuticals, Inc. and Soleno Therapeutics, Inc.

Biotech Giants: Alnylam vs. Soleno in SG&A Efficiency

__timestampAlnylam Pharmaceuticals, Inc.Soleno Therapeutics, Inc.
Wednesday, January 1, 2014445260002917513
Thursday, January 1, 2015606100007878291
Friday, January 1, 2016893540008366794
Sunday, January 1, 20171993650006610381
Monday, January 1, 20183823590006556000
Tuesday, January 1, 20194790050006930000
Wednesday, January 1, 20205884200008758000
Friday, January 1, 202162063900010806000
Saturday, January 1, 20227706580009844000
Sunday, January 1, 202379564600013481000
Monday, January 1, 2024975526000
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Data in motion

SG&A Efficiency: A Tale of Two Biotechs

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Alnylam Pharmaceuticals, Inc. and Soleno Therapeutics, Inc. offer a fascinating study in contrasts. From 2014 to 2023, Alnylam's SG&A expenses surged by over 1,600%, reflecting its aggressive growth strategy. In contrast, Soleno's expenses grew by approximately 360%, indicating a more conservative approach.

Alnylam's Strategic Expansion

Alnylam's significant increase in SG&A expenses, peaking at nearly $800 million in 2023, underscores its commitment to expanding its market presence and operational capabilities. This strategy aligns with its broader goal of pioneering RNA interference therapeutics.

Soleno's Steady Path

Soleno, with a peak SG&A expense of around $13 million in 2023, has maintained a steady trajectory, focusing on niche markets. This approach highlights its strategic focus on sustainable growth and targeted innovation.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025