SG&A Efficiency Analysis: Comparing Halozyme Therapeutics, Inc. and Axsome Therapeutics, Inc.

Biotech Giants: SG&A Expense Trends Over a Decade

__timestampAxsome Therapeutics, Inc.Halozyme Therapeutics, Inc.
Wednesday, January 1, 2014139283035942000
Thursday, January 1, 2015241928940028000
Friday, January 1, 2016634364845853000
Sunday, January 1, 2017720669153816000
Monday, January 1, 2018935152260804000
Tuesday, January 1, 20191359803077252000
Wednesday, January 1, 20202889674945736000
Friday, January 1, 20216664620550323000
Saturday, January 1, 2022159253661143526000
Sunday, January 1, 2023323123000149182000
Monday, January 1, 2024411359000154335000
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Unveiling the hidden dimensions of data

SG&A Efficiency: A Tale of Two Biotechs

In the competitive world of biotechnology, managing operational expenses is crucial for sustainable growth. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Halozyme Therapeutics, Inc. and Axsome Therapeutics, Inc. over the past decade.

From 2014 to 2023, Axsome Therapeutics saw a staggering increase in SG&A expenses, growing from approximately $1.4 million to over $323 million, marking a growth of over 23,000%. This reflects their aggressive expansion and investment in marketing and administrative capabilities. In contrast, Halozyme Therapeutics maintained a more stable trajectory, with expenses rising from around $36 million to $149 million, a growth of about 314%.

This divergence highlights different strategic approaches: Axsome's rapid scaling versus Halozyme's steady growth. Investors and stakeholders can glean insights into each company's operational efficiency and strategic priorities, offering a window into their future potential.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025