SG&A Efficiency Analysis: Comparing Corcept Therapeutics Incorporated and Soleno Therapeutics, Inc.

Biotech SG&A: Corcept vs. Soleno's Expense Strategies

__timestampCorcept Therapeutics IncorporatedSoleno Therapeutics, Inc.
Wednesday, January 1, 2014349160002917513
Thursday, January 1, 2015369490007878291
Friday, January 1, 2016452400008366794
Sunday, January 1, 2017624160006610381
Monday, January 1, 2018812890006556000
Tuesday, January 1, 20191003590006930000
Wednesday, January 1, 20201053260008758000
Friday, January 1, 202112235600010806000
Saturday, January 1, 20221528480009844000
Sunday, January 1, 202318425900013481000
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Unleashing the power of data

SG&A Efficiency: A Tale of Two Biotechs

In the competitive world of biotechnology, managing operational expenses is crucial for success. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Corcept Therapeutics Incorporated and Soleno Therapeutics, Inc. over the past decade.

Corcept's Strategic Growth

Corcept Therapeutics has demonstrated a robust increase in SG&A expenses, growing from approximately $35 million in 2014 to $184 million in 2023. This nearly 426% increase reflects the company's strategic investments in expanding its operations and market reach.

Soleno's Steady Path

In contrast, Soleno Therapeutics has maintained a more conservative growth in SG&A expenses, rising from around $2.9 million in 2014 to $13.5 million in 2023, marking a 363% increase. This steady approach highlights Soleno's focus on sustainable growth and cost management.

Both companies showcase distinct strategies in managing their operational costs, offering valuable insights into their business models.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025