SG&A Efficiency Analysis: Comparing Opthea Limited and Protagonist Therapeutics, Inc.

Biotech SG&A Trends: Opthea vs. Protagonist

__timestampOpthea LimitedProtagonist Therapeutics, Inc.
Wednesday, January 1, 201426520411860000
Thursday, January 1, 201523615872963000
Friday, January 1, 201644728696961000
Sunday, January 1, 2017503095711779000
Monday, January 1, 2018498894113697000
Tuesday, January 1, 2019519641215749000
Wednesday, January 1, 2020665277418638000
Friday, January 1, 20211841824727196000
Saturday, January 1, 20222482706631739000
Sunday, January 1, 20234189640833491000
Monday, January 1, 202415488619
Loading chart...

Unleashing insights

SG&A Efficiency: A Tale of Two Biotech Innovators

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 Opthea Limited and Protagonist Therapeutics, Inc. from 2014 to 2023. Over this period, Protagonist Therapeutics consistently outspent Opthea, peaking in 2023 with expenses 80% higher than in 2014. Opthea, however, saw a dramatic increase in 2023, with expenses surging by over 1,500% compared to 2014. This sharp rise suggests a strategic shift or expansion. Interestingly, 2024 data for Protagonist is missing, indicating potential reporting delays or strategic changes. Understanding these trends offers insights into each company's operational strategies and market positioning. As the biotech sector evolves, monitoring SG&A efficiency remains vital for investors and stakeholders aiming to gauge financial health and strategic direction.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025