SG&A Efficiency Analysis: Comparing MorphoSys AG and Dynavax Technologies Corporation

Biotech SG&A: MorphoSys vs. Dynavax Efficiency Trends

__timestampDynavax Technologies CorporationMorphoSys AG
Wednesday, January 1, 2014177630009689000
Thursday, January 1, 20152218000010431000
Friday, January 1, 2016372570009618000
Sunday, January 1, 20172736700012348000
Monday, January 1, 20186477000028310241
Tuesday, January 1, 20197498600059336147
Wednesday, January 1, 202079256000159145941
Friday, January 1, 2021100156000199800000
Saturday, January 1, 202213140800090225000
Sunday, January 1, 202315294600092538000
Loading chart...

In pursuit of knowledge

SG&A Efficiency: A Tale of Two Biotechs

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. This analysis compares the SG&A efficiency of MorphoSys AG and Dynavax Technologies Corporation from 2014 to 2023. Over this period, Dynavax's SG&A expenses surged by approximately 760%, peaking in 2023. In contrast, MorphoSys AG saw a more modest increase of around 850%, with a significant spike in 2020.

Key Insights

  • 2014-2018: Dynavax maintained a steady growth in SG&A, while MorphoSys AG kept expenses relatively stable.
  • 2019-2021: Both companies experienced a sharp rise, with MorphoSys AG's expenses nearly doubling in 2020.
  • 2022-2023: Dynavax continued its upward trend, reaching its highest in 2023, whereas MorphoSys AG's expenses slightly decreased.

Understanding these trends can provide valuable insights into each company's strategic priorities and operational efficiency.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025