SG&A Efficiency Analysis: Comparing Neurocrine Biosciences, Inc. and Geron Corporation

Biotech SG&A: Neurocrine vs. Geron - A Decade of Growth

__timestampGeron CorporationNeurocrine Biosciences, Inc.
Wednesday, January 1, 20141675800017986000
Thursday, January 1, 20151779300032480000
Friday, January 1, 20161876100068081000
Sunday, January 1, 201719287000169906000
Monday, January 1, 201818707000248932000
Tuesday, January 1, 201920893000354100000
Wednesday, January 1, 202025678000433300000
Friday, January 1, 202129665000583300000
Saturday, January 1, 202243628000752700000
Sunday, January 1, 202369135000887600000
Monday, January 1, 20241007200000
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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. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Neurocrine Biosciences, Inc. and Geron Corporation from 2014 to 2023. Over this period, Neurocrine Biosciences has seen a staggering increase in SG&A expenses, growing from approximately $18 million in 2014 to nearly $888 million in 2023. This represents a growth of nearly 4,800%, reflecting the company's aggressive expansion and investment in its operational infrastructure.

In contrast, Geron Corporation's SG&A expenses have grown more modestly, from around $17 million in 2014 to $69 million in 2023, marking a 310% increase. This difference highlights the distinct strategic approaches of these two companies, with Neurocrine focusing on rapid growth and Geron maintaining a more conservative expenditure strategy. Understanding these trends provides valuable insights into the operational efficiencies and strategic priorities of these biotech firms.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025