SG&A Efficiency Analysis: Comparing Blueprint Medicines Corporation and Viking Therapeutics, Inc.

Biotech SG&A: Blueprint vs. Viking's Strategic Spending

__timestampBlueprint Medicines CorporationViking Therapeutics, Inc.
Wednesday, January 1, 201478900001244910
Thursday, January 1, 2015144560005029636
Friday, January 1, 2016192180004846776
Sunday, January 1, 2017279860005329003
Monday, January 1, 2018479280007121000
Tuesday, January 1, 2019963880009128000
Wednesday, January 1, 202015774300010731000
Friday, January 1, 202119529300010701000
Saturday, January 1, 202223737400016121000
Sunday, January 1, 202329514100037021000
Monday, January 1, 2024359272000
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Infusing magic into the data realm

SG&A Efficiency: A Tale of Two Biotechs

In the competitive world of biotechnology, managing operational expenses is crucial for success. Blueprint Medicines Corporation and Viking Therapeutics, Inc. offer a fascinating study in contrasts. Over the past decade, Blueprint Medicines has seen its Selling, General, and Administrative (SG&A) expenses skyrocket by nearly 3,600%, from $7.9 million in 2014 to $295 million in 2023. This reflects their aggressive expansion and investment in growth. Meanwhile, Viking Therapeutics has maintained a more conservative trajectory, with SG&A expenses increasing by approximately 2,900% over the same period, reaching $37 million in 2023. This strategic restraint may indicate a focus on lean operations. As these companies navigate the biotech landscape, their differing approaches to SG&A efficiency highlight the diverse strategies within the industry. Investors and analysts should consider these trends when evaluating potential growth and sustainability.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025