| __timestamp | Dynavax Technologies Corporation | Summit Therapeutics Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 17763000 | 6795238 |
| Thursday, January 1, 2015 | 22180000 | 7454247 |
| Friday, January 1, 2016 | 37257000 | 10345862 |
| Sunday, January 1, 2017 | 27367000 | 16984203 |
| Monday, January 1, 2018 | 64770000 | 16187290 |
| Tuesday, January 1, 2019 | 74986000 | 9299233.54 |
| Wednesday, January 1, 2020 | 79256000 | 19232000 |
| Friday, January 1, 2021 | 100156000 | 23611000 |
| Saturday, January 1, 2022 | 131408000 | 26700000 |
| Sunday, January 1, 2023 | 152946000 | 28215000 |
Cracking the code
In the competitive world of biotechnology, managing operational costs is crucial for success. Over the past decade, Dynavax Technologies Corporation and Summit Therapeutics Inc. have showcased contrasting strategies in their Selling, General, and Administrative (SG&A) expenses.
From 2014 to 2023, Dynavax's SG&A expenses surged by over 760%, reflecting its aggressive expansion and investment in operational infrastructure. By 2023, their expenses reached a peak, indicating a robust growth strategy.
Conversely, Summit Therapeutics maintained a more conservative approach, with a 315% increase in SG&A expenses over the same period. This strategy highlights their focus on sustainable growth and cost efficiency.
These trends underscore the diverse strategies within the biotech sector, where companies balance between aggressive expansion and cautious growth to achieve long-term success.
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