SG&A Efficiency Analysis: Comparing Veracyte, Inc. and ACADIA Pharmaceuticals Inc.

Biotech Giants: SG&A Spending Trends Over a Decade

__timestampACADIA Pharmaceuticals Inc.Veracyte, Inc.
Wednesday, January 1, 20143274800040786000
Thursday, January 1, 20159080400047876000
Friday, January 1, 201618645600052035000
Sunday, January 1, 201725506200055348000
Monday, January 1, 201826575800065276000
Tuesday, January 1, 201932563800082720000
Wednesday, January 1, 202038866100089118000
Friday, January 1, 2021396028000181193000
Saturday, January 1, 2022369090000174078000
Sunday, January 1, 2023402466000184232000
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Unleashing the power of data

SG&A Efficiency: A Tale of Two Biotechs

In the competitive world of biotechnology, managing operational expenses is crucial for sustaining growth and innovation. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Veracyte, Inc. and ACADIA Pharmaceuticals Inc. over the past decade.

A Decade of Financial Strategy

From 2014 to 2023, ACADIA Pharmaceuticals has seen its SG&A expenses grow by over 1,100%, peaking at approximately $402 million in 2023. In contrast, Veracyte, Inc. has maintained a more conservative growth, with expenses increasing by around 350% to $184 million in the same period.

Strategic Implications

While ACADIA's aggressive spending reflects its ambitious expansion strategy, Veracyte's more measured approach suggests a focus on sustainable growth. Investors and stakeholders should consider these financial strategies when evaluating the long-term potential of these companies.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025