SG&A Efficiency Analysis: Comparing BeiGene, Ltd. and Summit Therapeutics Inc.

Biotech Giants: SG&A Efficiency Compared

__timestampBeiGene, Ltd.Summit Therapeutics Inc.
Wednesday, January 1, 201469300006795238
Thursday, January 1, 201573110007454247
Friday, January 1, 20162009700010345862
Sunday, January 1, 20176260200016984203
Monday, January 1, 201819538500016187290
Tuesday, January 1, 20193882490009299233.54
Wednesday, January 1, 202060017600019232000
Friday, January 1, 202199012300023611000
Saturday, January 1, 2022127785200026700000
Sunday, January 1, 2023150450100028215000
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Infusing magic into the data realm

SG&A Efficiency: A Tale of Two Biotech Giants

In the dynamic world of biotechnology, understanding a company's operational efficiency is crucial. This analysis compares the Selling, General, and Administrative (SG&A) expenses of BeiGene, Ltd. and Summit Therapeutics Inc. from 2014 to 2023. Over this period, BeiGene's SG&A expenses skyrocketed by over 21,000%, reflecting its aggressive expansion and investment in global operations. In contrast, Summit Therapeutics maintained a more conservative growth, with expenses increasing by approximately 315%.

Key Insights

  • BeiGene, Ltd.: From a modest $6.93 million in 2014, SG&A expenses surged to $1.5 billion by 2023, highlighting its rapid scaling and market penetration.
  • Summit Therapeutics Inc.: Starting at $6.8 million in 2014, expenses grew to $28.2 million in 2023, indicating steady growth.
    This stark contrast underscores the diverse strategies employed by these biotech firms in navigating the competitive landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025