SG&A Efficiency Analysis: Comparing Supernus Pharmaceuticals, Inc. and Iovance Biotherapeutics, Inc.

Biopharma SG&A Trends: Supernus vs. Iovance

__timestampIovance Biotherapeutics, Inc.Supernus Pharmaceuticals, Inc.
Wednesday, January 1, 2014933577272471000
Thursday, January 1, 20151239000089204000
Friday, January 1, 201625602000106010000
Sunday, January 1, 201721262000137905000
Monday, January 1, 201828430000159888000
Tuesday, January 1, 201940849000158425000
Wednesday, January 1, 202060210000200677000
Friday, January 1, 202183664000304759000
Saturday, January 1, 2022104097000377221000
Sunday, January 1, 2023106916000336361000
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Unleashing the power of data

SG&A Efficiency: A Tale of Two Biopharma Companies

In the competitive landscape of biopharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for operational efficiency. This analysis compares the SG&A trends of Supernus Pharmaceuticals, Inc. and Iovance Biotherapeutics, Inc. from 2014 to 2023. Over this period, Supernus consistently outspent Iovance, with SG&A expenses peaking at approximately $377 million in 2022, a staggering 250% increase from 2014. In contrast, Iovance's SG&A expenses grew by over 1,000%, reaching around $107 million in 2023. This dramatic rise reflects Iovance's aggressive expansion and investment in its pipeline. Meanwhile, Supernus's more stable growth suggests a mature market strategy. Understanding these trends offers insights into each company's strategic priorities and market positioning. As the biopharma sector evolves, efficient SG&A management remains a key differentiator for sustained growth and profitability.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025