SG&A Efficiency Analysis: Comparing Regeneron Pharmaceuticals, Inc. and BeiGene, Ltd.

Biotech Giants' SG&A Strategies: A Decade of Growth and Efficiency

__timestampBeiGene, Ltd.Regeneron Pharmaceuticals, Inc.
Wednesday, January 1, 20146930000504755000
Thursday, January 1, 20157311000838526000
Friday, January 1, 2016200970001177697000
Sunday, January 1, 2017626020001320433000
Monday, January 1, 20181953850001556200000
Tuesday, January 1, 20193882490001834800000
Wednesday, January 1, 20206001760001346000000
Friday, January 1, 20219901230001824900000
Saturday, January 1, 202212778520002115900000
Sunday, January 1, 202315045010002631300000
Monday, January 1, 20242954400000
Loading chart...

Infusing magic into the data realm

SG&A Efficiency: A Tale of Two Biotech Giants

In the competitive world of biotechnology, managing operational expenses is crucial for sustained growth. Over the past decade, Regeneron Pharmaceuticals, Inc. and BeiGene, Ltd. have showcased contrasting strategies in their Selling, General, and Administrative (SG&A) expenses. From 2014 to 2023, Regeneron consistently maintained higher SG&A expenses, peaking at approximately $2.63 billion in 2023, reflecting a 420% increase from 2014. In contrast, BeiGene's SG&A expenses surged by an astounding 21,600% over the same period, reaching $1.50 billion in 2023. This dramatic rise highlights BeiGene's aggressive expansion strategy. While Regeneron's expenses grew steadily, BeiGene's rapid increase suggests a focus on scaling operations and market penetration. As these companies continue to evolve, their SG&A efficiency will be pivotal in determining their competitive edge in the biotech industry.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025