SG&A Efficiency Analysis: Comparing Vericel Corporation and Galapagos NV

Biotech Giants: SG&A Trends Unveiled

__timestampGalapagos NVVericel Corporation
Wednesday, January 1, 2014907900013774000
Thursday, January 1, 20152030900022479000
Friday, January 1, 20161694500027388000
Sunday, January 1, 20172055900035610000
Monday, January 1, 20182964100049007000
Tuesday, January 1, 20198825800061139000
Wednesday, January 1, 202016217000068836000
Friday, January 1, 202116721800097592000
Saturday, January 1, 2022239528000106903000
Sunday, January 1, 202394252000120998000
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Infusing magic into the data realm

SG&A Efficiency: A Tale of Two Companies

In the ever-evolving landscape of biotechnology, understanding the efficiency of Selling, General, and Administrative (SG&A) expenses is crucial. Over the past decade, Vericel Corporation and Galapagos NV have demonstrated contrasting trends in their SG&A expenditures. From 2014 to 2023, Galapagos NV saw a staggering increase of over 900% in SG&A expenses, peaking in 2022. In contrast, Vericel Corporation's expenses grew by approximately 780%, with a notable peak in 2023.

Key Insights

While both companies have shown significant growth, Galapagos NV's expenses surged dramatically in 2020, reflecting strategic investments or expansions. Vericel Corporation, however, maintained a steadier growth trajectory, suggesting a more controlled approach. These trends highlight the diverse strategies employed by biotech firms in managing operational costs, offering valuable insights for investors and industry analysts alike.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025