SG&A Efficiency Analysis: Comparing Viking Therapeutics, Inc. and Wave Life Sciences Ltd.

Biotech SG&A: Viking vs. Wave's Strategic Growth

__timestampViking Therapeutics, Inc.Wave Life Sciences Ltd.
Wednesday, January 1, 201412449102999000
Thursday, January 1, 2015502963610393000
Friday, January 1, 2016484677615994000
Sunday, January 1, 2017532900326975000
Monday, January 1, 2018712100039509000
Tuesday, January 1, 2019912800048869000
Wednesday, January 1, 20201073100042510000
Friday, January 1, 20211070100046105000
Saturday, January 1, 20221612100050513000
Sunday, January 1, 20233702100051292000
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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 success. This analysis compares the Selling, General, and Administrative (SG&A) expenses of Viking Therapeutics, Inc. and Wave Life Sciences Ltd. over the past decade.

A Decade of Financial Strategy

From 2014 to 2023, Viking Therapeutics has shown a remarkable increase in SG&A efficiency. Starting with expenses of approximately $1.2 million in 2014, they have grown to $37 million by 2023, reflecting a strategic expansion. In contrast, Wave Life Sciences began with $3 million in 2014 and reached $51 million in 2023, indicating a more aggressive growth strategy.

Strategic Implications

While both companies have increased their SG&A expenses, Viking's growth rate is more than 29 times its initial value, compared to Wave's 17-fold increase. This suggests Viking's more conservative approach may yield better long-term sustainability.

Published by
U.S. Securities and Exchange Commission

Source link
sec.gov

Date published
17 Jan 2025