SG&A Efficiency Analysis: Comparing Supernus Pharmaceuticals, Inc. and Soleno Therapeutics, Inc.

Biopharma SG&A: Supernus vs. Soleno's Strategic Spending

__timestampSoleno Therapeutics, Inc.Supernus Pharmaceuticals, Inc.
Wednesday, January 1, 2014291751372471000
Thursday, January 1, 2015787829189204000
Friday, January 1, 20168366794106010000
Sunday, January 1, 20176610381137905000
Monday, January 1, 20186556000159888000
Tuesday, January 1, 20196930000158425000
Wednesday, January 1, 20208758000200677000
Friday, January 1, 202110806000304759000
Saturday, January 1, 20229844000377221000
Sunday, January 1, 202313481000336361000
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Unleashing insights

SG&A Efficiency: A Tale of Two Biopharma Companies

In the competitive world of biopharmaceuticals, managing Selling, General, and Administrative (SG&A) expenses is crucial for financial health. Over the past decade, Supernus Pharmaceuticals, Inc. and Soleno Therapeutics, Inc. have demonstrated contrasting approaches to SG&A efficiency. From 2014 to 2023, Supernus Pharmaceuticals consistently outspent Soleno Therapeutics, with SG&A expenses peaking at approximately $336 million in 2023, a staggering 2,400% higher than Soleno's $13 million. This disparity highlights Supernus's aggressive investment in administrative and sales functions, potentially fueling its growth and market presence. Meanwhile, Soleno's leaner approach may reflect a strategic focus on cost control, possibly due to its smaller scale or different market strategy. Understanding these trends offers valuable insights into how biopharma companies allocate resources to drive innovation and market success.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025