SG&A Efficiency Analysis: Comparing Gilead Sciences, Inc. and BeiGene, Ltd.

Biotech Giants' SG&A Spending: A Decade of Divergence

__timestampBeiGene, Ltd.Gilead Sciences, Inc.
Wednesday, January 1, 201469300002983000000
Thursday, January 1, 201573110003426000000
Friday, January 1, 2016200970003398000000
Sunday, January 1, 2017626020003878000000
Monday, January 1, 20181953850004056000000
Tuesday, January 1, 20193882490004381000000
Wednesday, January 1, 20206001760005151000000
Friday, January 1, 20219901230005246000000
Saturday, January 1, 202212778520005673000000
Sunday, January 1, 202315045010006090000000
Monday, January 1, 20246091000000
Loading chart...

Unlocking the unknown

SG&A Efficiency: A Tale of Two Biotech Giants

In the ever-evolving landscape of biotechnology, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Gilead Sciences, Inc. and BeiGene, Ltd. have showcased contrasting trajectories in their SG&A spending.

Gilead Sciences, Inc.

From 2014 to 2023, Gilead's SG&A expenses have steadily increased, peaking at approximately $6.09 billion in 2023. This represents a 104% increase from 2014, reflecting the company's expansive growth and strategic investments.

BeiGene, Ltd.

Conversely, BeiGene's SG&A expenses have skyrocketed by over 21,600% during the same period, reaching $1.5 billion in 2023. This dramatic rise underscores BeiGene's aggressive market penetration and expansion efforts.

These trends highlight the diverse strategies employed by these biotech leaders, offering valuable insights into their operational efficiencies and market strategies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025