| __timestamp | Apellis Pharmaceuticals, Inc. | Blueprint Medicines Corporation |
|---|---|---|
| Wednesday, January 1, 2014 | 2908166 | 7890000 |
| Thursday, January 1, 2015 | 6356782 | 14456000 |
| Friday, January 1, 2016 | 4303743 | 19218000 |
| Sunday, January 1, 2017 | 10463151 | 27986000 |
| Monday, January 1, 2018 | 22639184 | 47928000 |
| Tuesday, January 1, 2019 | 67046483 | 96388000 |
| Wednesday, January 1, 2020 | 139401000 | 157743000 |
| Friday, January 1, 2021 | 176771000 | 195293000 |
| Saturday, January 1, 2022 | 277163000 | 237374000 |
| Sunday, January 1, 2023 | 500815000 | 295141000 |
| Monday, January 1, 2024 | 359272000 |
In pursuit of knowledge
In the competitive world of biotechnology, managing operational expenses is crucial for success. Over the past decade, Apellis Pharmaceuticals, Inc. and Blueprint Medicines Corporation have demonstrated contrasting strategies in their Selling, General, and Administrative (SG&A) expenses.
From 2014 to 2023, Apellis Pharmaceuticals saw a staggering increase in SG&A expenses, growing from approximately $2.9 million to over $500 million, marking a growth of over 17,000%. In contrast, Blueprint Medicines started with higher initial expenses of around $7.9 million in 2014, reaching nearly $295 million by 2023, a growth of about 3,600%.
This divergence highlights Apellis's aggressive expansion strategy, while Blueprint's steadier growth suggests a more measured approach. Investors and industry analysts can glean insights into each company's operational focus and strategic priorities by examining these trends.
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