SG&A Efficiency Analysis: Comparing Mesoblast Limited and Travere Therapeutics, Inc.

Biotech Giants: SG&A Trends from 2014 to 2023

__timestampMesoblast LimitedTravere Therapeutics, Inc.
Wednesday, January 1, 20145417000059644696
Thursday, January 1, 20156537800079541000
Friday, January 1, 20165226300098015000
Sunday, January 1, 201735072000103958000
Monday, January 1, 201827415000103654000
Tuesday, January 1, 201936983000128951000
Wednesday, January 1, 202050918000135799000
Friday, January 1, 202163586000149883000
Saturday, January 1, 202257967000220206000
Sunday, January 1, 202353107000265542000
Monday, January 1, 202423626000
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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 costs is crucial for success. Mesoblast Limited and Travere Therapeutics, Inc. have shown contrasting trends in their Selling, General, and Administrative (SG&A) expenses over the past decade. From 2014 to 2023, Mesoblast's SG&A expenses fluctuated, peaking in 2015 and 2021, before dropping significantly by 2024. In contrast, Travere Therapeutics experienced a steady increase, with expenses more than quadrupling from 2014 to 2023. This divergence highlights different strategic approaches: Mesoblast's focus on cost containment versus Travere's aggressive expansion. Notably, Travere's expenses surged by 50% from 2021 to 2023, reflecting its growth ambitions. As we look to 2024, Mesoblast's data is complete, while Travere's is yet to be revealed, leaving room for speculation on its future trajectory.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025