__timestamp | Amicus Therapeutics, Inc. | Iovance Biotherapeutics, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 20717000 | 9335772 |
Thursday, January 1, 2015 | 47269000 | 12390000 |
Friday, January 1, 2016 | 71151000 | 25602000 |
Sunday, January 1, 2017 | 88671000 | 21262000 |
Monday, January 1, 2018 | 127200000 | 28430000 |
Tuesday, January 1, 2019 | 169861000 | 40849000 |
Wednesday, January 1, 2020 | 156407000 | 60210000 |
Friday, January 1, 2021 | 192710000 | 83664000 |
Saturday, January 1, 2022 | 213041000 | 104097000 |
Sunday, January 1, 2023 | 275270000 | 106916000 |
Unleashing the power of data
In the competitive world of biotechnology, managing operational costs is crucial. Amicus Therapeutics, Inc. and Iovance Biotherapeutics, Inc. have shown distinct trajectories in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Amicus saw a staggering increase of over 1,200% in SG&A expenses, peaking at approximately $275 million in 2023. In contrast, Iovance's expenses grew by about 1,050%, reaching around $107 million in the same year. This divergence highlights Amicus's aggressive expansion strategy compared to Iovance's more conservative approach. Understanding these trends provides valuable insights into each company's operational focus and strategic priorities. As the biotech industry continues to evolve, monitoring such financial metrics will be key to predicting future market leaders.
Explore how two biotech giants manage their operational costs over time.
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