SG&A Efficiency Analysis: Comparing Vericel Corporation and ImmunityBio, Inc.

Biotech Giants: SG&A Expense Trends Unveiled

__timestampImmunityBio, Inc.Vericel Corporation
Wednesday, January 1, 2014432600013774000
Thursday, January 1, 201522620600022479000
Friday, January 1, 20169439100027388000
Sunday, January 1, 20175382100035610000
Monday, January 1, 20183546300049007000
Tuesday, January 1, 20194645600061139000
Wednesday, January 1, 20207131800068836000
Friday, January 1, 202113525600097592000
Saturday, January 1, 2022102708000106903000
Sunday, January 1, 2023129620000120998000
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In pursuit of knowledge

SG&A Efficiency: A Tale of Two Biotech Innovators

In the dynamic world of biotechnology, managing operational costs is crucial for sustaining growth and innovation. This analysis delves into the Selling, General, and Administrative (SG&A) expenses of Vericel Corporation and ImmunityBio, Inc. over the past decade, from 2014 to 2023.

ImmunityBio, Inc. has seen a significant increase in SG&A expenses, peaking in 2015 with a staggering 2,262% rise compared to 2014. This trend reflects their aggressive expansion and investment in research and development. Meanwhile, Vericel Corporation has maintained a more consistent growth in expenses, with a notable 780% increase from 2014 to 2023, indicating a steady scaling of operations.

Understanding these financial strategies provides insights into how these companies balance innovation with operational efficiency, offering a glimpse into their future trajectories in the competitive biotech landscape.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025