SG&A Efficiency Analysis: Comparing Opthea Limited and Ultragenyx Pharmaceutical Inc.

Biotech SG&A: Opthea vs. Ultragenyx

__timestampOpthea LimitedUltragenyx Pharmaceutical Inc.
Wednesday, January 1, 2014265204110811000
Thursday, January 1, 2015236158733001000
Friday, January 1, 2016447286964936000
Sunday, January 1, 2017503095799909000
Monday, January 1, 20184988941127724000
Tuesday, January 1, 20195196412161524000
Wednesday, January 1, 20206652774182933000
Friday, January 1, 202118418247219982000
Saturday, January 1, 202224827066278139000
Sunday, January 1, 202341896408309799000
Monday, January 1, 202415488619
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Igniting the spark of knowledge

SG&A Efficiency: A Tale of Two Biotech Companies

In the competitive world of biotechnology, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Opthea Limited and Ultragenyx Pharmaceutical Inc. offer a fascinating study in contrasts. From 2014 to 2023, Opthea's SG&A expenses grew by over 1,400%, peaking in 2023. Meanwhile, Ultragenyx's expenses surged by nearly 2,800% over the same period, reflecting its aggressive expansion strategy.

A Decade of Growth

Opthea's expenses remained relatively stable until 2020, when they began to climb, reaching a high in 2023. In contrast, Ultragenyx consistently increased its SG&A spending, with a notable jump in 2015 and a peak in 2023. This divergence highlights differing strategic priorities: Opthea's cautious scaling versus Ultragenyx's rapid growth.

Missing Data

While 2024 data for Ultragenyx is unavailable, the trend suggests continued investment in SG&A, underscoring its commitment to growth.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025