__timestamp | Biogen Inc. | Xencor, Inc. |
---|---|---|
Wednesday, January 1, 2014 | 2232342000 | 7461000 |
Thursday, January 1, 2015 | 2113100000 | 11960000 |
Friday, January 1, 2016 | 1947900000 | 13108000 |
Sunday, January 1, 2017 | 1935500000 | 17501000 |
Monday, January 1, 2018 | 2106300000 | 22472000 |
Tuesday, January 1, 2019 | 2374700000 | 24286000 |
Wednesday, January 1, 2020 | 2504500000 | 29689000 |
Friday, January 1, 2021 | 2674300000 | 38837000 |
Saturday, January 1, 2022 | 2403600000 | 47489000 |
Sunday, January 1, 2023 | 2549700000 | 53379000 |
Monday, January 1, 2024 | 2403700000 |
Igniting the spark of knowledge
In the competitive world of biotechnology, managing operational costs is crucial for sustaining growth and innovation. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Biogen Inc. and Xencor, Inc. from 2014 to 2023. Over this period, Biogen's SG&A expenses have shown a steady increase, peaking at approximately $2.67 billion in 2021, reflecting a strategic investment in expanding its market reach. In contrast, Xencor, Inc., a smaller player, has seen its SG&A expenses grow from $7.46 million in 2014 to $53.38 million in 2023, marking a significant 615% increase. This growth underscores Xencor's aggressive push to scale its operations and compete with industry leaders. The data highlights the contrasting strategies of these companies, with Biogen focusing on maintaining its market dominance and Xencor striving for rapid expansion.
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